Economy News

Economy

January Sees a Slight Dip in Eurozone Retail Sales: A Closer Look at the Numbers

In January, the Eurozone saw a 0.3% decrease in retail trade volume, with non-food products experiencing the largest drop. However, yearly growth was observed, highlighting a mixed...

Economy

ECB Poised for Rate Cut as Eurozone Growth Concerns Mount

The European Central Bank is expected to cut interest rates again as the Eurozone grapples with weak economic growth and the threat of US tariffs, despite concerns over inflation r...

Economy

China Optimistic About Achieving 2025 Economic Growth Amid Challenges

China remains confident in achieving its 2025 economic growth target despite challenges. The government plans to boost investment in major infrastructure projects and emphasizes th...

Economy

Economic Gloom Deepens: 97% of South Korean Firms Brace for Crisis Amid Global Turmoil

Facing trade wars, inflation, and political instability, 97% of South Korean firms predict an economic crisis this year, reminiscent of the 1997 financial debacle. The economic pol...

Economy

China's Optimistic Outlook: Achieving the 2025 Economic Growth Target Amid Challenges

China is optimistic about reaching its 2025 economic growth target, planning to boost investment in major infrastructure projects. The government emphasizes private investment and ...

Economy

South Korea's Forex Reserves Dip to a 4-Year Low: What's Behind the $409.2 Billion Drop?

South Korea's foreign exchange reserves have fallen to $409.21 billion, marking a 4-year, 9-month low. This decline is primarily due to expanded foreign exchange swap agreements wi...

Economy

China's Ambitious 2025 Growth Target: A Path Through Challenges

China remains confident in achieving its 2025 economic growth target despite external challenges and weak domestic demand. Strategic investments in railways, nuclear power, and wat...

Economy

February Sees Inflation Surge Beyond 2% Again: A Closer Look at the Rising Costs

In February, consumer prices in Korea continued to rise, marking the second consecutive month of inflation above 2%. This was partly due to increasing petroleum prices, with signif...