Economy News

Economy

China Denies Pursuing Trade Surplus Amid US Tariff Threats

China denies aiming for a trade surplus amidst US tariff threats, emphasizing dialogue and cooperation over differences. Chinese Foreign Ministry spokesperson Mao Ning highlights t...

Economy

Bank of Japan Governor Ueda Comments on Trump Administration's Economic Measures

Bank of Japan Governor Kazuo Ueda comments on the Trump administration's economic measures, noting they align with expectations and haven't caused significant market disruptions. T...

Economy

Bank of Japan Predicts Inflation Stabilization by Late 2025, Governor Ueda Shares Insights

Bank of Japan Governor Kazuo Ueda forecasts inflation stabilization by late 2025, emphasizing gradual interest rate adjustments and careful market monitoring following the recent r...

Economy

Ueda Highlights Wage Growth and Price Stability as Central Bank's Core Objectives

Bank of Japan Governor Kazuo Ueda emphasizes wage growth and price stability as key goals, highlighting the importance of adjusting monetary policy to support economic recovery and...

Economy

South Korea Braces for Potential U.S. Trade Shake-Up: What's Next for the U.S.-Korea FTA?

Amidst President Trump's review of trade agreements, South Korea remains cautious about potential renegotiations of the U.S.-Korea FTA, emphasizing mutual benefits and the importan...

Economy

Vietnam's Strategic Leap: Aiming to Rival Switzerland and Singapore as a Global Financial Hub

Vietnam is setting ambitious goals to become a global financial hub, rivaling Switzerland and Singapore, by establishing international financial centers and leveraging technology a...

Economy

Vietnam Aims to Revolutionize Travel with North-South High-Speed Rail in a Decade

Vietnam is embarking on a transformative infrastructure project, aiming to complete a north-south high-speed railway within a decade. This ambitious plan, alongside developing majo...

Economy

How Trump's Tariffs on Canada, Mexico, and China Could Impact South Korea's Economy

An analysis suggests that Trump's tariffs on Canada, Mexico, and China could significantly impact South Korea's economy, potentially more than China, due to its reliance on interme...