US Oil Rig Count Sees Modest Rise: What's Driving the Trend?
The US oil rig count increased by five to 482 in the week ending December 6, according to Baker Hughes. The gas rig count rose by two to 102, while the total rig count in the US re...
Economy News
Japan's Economy Shows Positive Growth in Q3: A Detailed Analysis
Japan's GDP grew by 0.3% in Q3 compared to Q2, with a 1.2% yearly increase. Private consumption rose 0.7% and domestic demand grew by 0.6%, indicating a strengthening economy.
Japan's October BOP Trade Deficit Signals Economic Challenges
Japan's Finance Ministry reports a BOP trade deficit of ¥155.7 billion in October, improving from the previous month's ¥315.2 billion. Exports rose by 2.9% year-on-year, while impo...
China's Inflation Rate Dips to 0.2% in November: A Closer Look
China's annual inflation rate for November was reported at 0.2%, a slight decrease from the 0.3% recorded in the previous month. Consumer prices declined by 0.6% on a monthly basis...
Off-Season Durian Supply Drops, Yet Prices Plummet: What's Behind the Phenomenon?
Despite a limited off-season supply, durian prices in Vietnam's Mekong Delta have plummeted, causing concern among farmers. Factors such as competition from Thai durian and reduced...
South Korea's Wealth Gap: The Top 10% Control Nearly Half of Net Assets
South Korea's asset polarization is growing, with the top 10% holding 44.4% of net assets. The net asset Gini coefficient rose to 0.612, highlighting the widening gap. Real estate ...
South Korea's Opposition Party Risks Economic Chaos with Unilateral Budget Cuts
The opposition Democratic Party of Korea is pushing for significant budget cuts, raising economic uncertainty. Deputy Prime Minister Choi Sang-mok met with National Assembly Speake...
Eurozone Investor Confidence Plummets in December: What's Behind the Decline?
Investor confidence in the Eurozone is expected to decline in December, according to the Sentix report. The overall index is projected to decrease by 4.6 points to negative 17.5, i...
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