Economy News

Economy

February Sees a Slight Dip in Japan's Consumer Confidence Index

Japan's consumer confidence index experienced a slight decrease in February, indicating potential caution among consumers. This could have implications for spending patterns and th...

Economy

Vietnam Aims to Transform into Southeast Asia's Premier Economic and Trade Hub by 2030

Vietnam sets its sights on becoming Southeast Asia's premier economic and trade hub by 2030, as Prime Minister Pham Minh Chinh outlines ambitious plans during a dialogue with Europ...

Economy

January 2025 Sees a Sharp Decline in South Korea's Industrial Production, Consumption, and Investment

In January 2025, South Korea experienced a significant downturn in industrial production, consumption, and investment, marking a concerning 'triple negative' scenario for the first...

Economy

January Sees a 0.3% Rise in Australian Retail Sales, Marking a Positive Start to 2025

Australian retail sales saw a 0.3% increase in January 2025, reaching a monthly turnover of 37 billion Australian dollars, a 3.8% rise from January 2024. The growth was mainly driv...

Economy

Japan's Unemployment Rate Climbs to 2.5% in January, Surpassing Expectations

Japan's unemployment rate increased to 2.5% in January, slightly above expectations. Despite this, the job market remains robust with a slight increase in job openings, indicating ...

Economy

OPEC+ Announces Gradual Oil Supply Increase Starting April 1, 2025

OPEC+ has announced a gradual increase in oil supply starting April 2025, citing healthy market fundamentals and an optimistic outlook. The decision includes a flexible return of 2...

Economy

Federal Reserve's Musalem Expresses Downside Concerns Over Recent Economic Weakness

Federal Reserve Bank of St. Louis President Alberto Musalem highlights concerns over weaker-than-expected economic data, emphasizing risks to growth despite a solid outlook. Inflat...

Economy

Italy's Economy Surges Ahead: A 0.7% GDP Growth in 2024 Sparks Optimism

Italy's GDP grew by 0.7% in 2024, driven by national demand, consumption expenditure, and external trade. Key sectors like capital formation and exports showed positive trends, ind...