Economy News

Economy

BoE's Ramsden Warns of Vulnerabilities in UK Gilt Markets

Bank of England's Deputy Governor for Markets and Banking, Dave Ramsden, highlights the orderly functioning of UK's gilt markets but warns of vulnerabilities that could lead to sys...

Economy

October Sees a Modest 0.2% Increase in US Wholesale Inventories

US wholesale inventories increased by 0.2% in October, reaching $905 billion, in line with analysts' expectations. Sales decreased by 0.1% to $675.1 billion, while the inventory-to...

Economy

China's Trade Surplus Hits Record High in November: What's Driving the Surge?

China's trade surplus surged to $97.44 billion in November, up from $95.27 billion in October, surpassing expectations. Exports increased by 6.7% and imports declined by 3.9% year-...

Economy

RBA Maintains Steady Rates, Softens Policy Stance Amid Inflation Confidence

The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...

Economy

South Korea's Economic Stability: FSS Governor Addresses Global Analysts Amid Martial Law

FSS Governor Lee Bok-hyun reassures global investment bank analysts about South Korea's economic stability amid martial law concerns. The meeting aimed to address foreign investor ...

Economy

Deputy PM Choi Urges Pension Funds to Stabilize Volatile Markets

Deputy Prime Minister Choi Sang-mok calls for pension funds to play a responsible role in stabilizing the volatile stock market. The meeting, attended by key financial figures, add...

Economy

China's Monetary Policy Shift: Looser Policy and Proactive Fiscal Approach in 2025

China's Politburo announces a shift to a "moderately loose" monetary policy and a more proactive fiscal approach in 2025, aiming to boost economic consumption and stabilize the rea...

Economy

Eurozone Investor Confidence Plummets in December Amid Economic Challenges

Investor confidence in the Eurozone is expected to decline in December, according to Sentix. The overall index is projected to decrease by 4.6 points to negative 17.5, its lowest l...