Economy News

Economy

UK Government Initiates Independent Probe into National Statistics Office Over Data Flaws

The UK government has launched an independent investigation into the Office for National Statistics due to concerns over inaccurate economic data. The review, led by Sir Robert Dev...

Economy

Exclusive: White House Considers Imposing a 20% Tariff on Most Imported Goods

The White House is reportedly drafting a proposal to impose a 20% tariff on most imports, with President Trump considering multiple options. The decision may be delayed, with a foc...

Economy

Germany's Manufacturing Sector Hits 31-Month High in March, Signaling Economic Resilience

Germany's manufacturing sector reached a 31-month high in March, with the PMI at 48.3. The Output Index hit 52.1, driven by new orders and domestic sales, though some segments lagg...

Economy

BoE's Greene Warns: Slack in UK Labor Market Grows Amid Stubborn Wage Growth

Bank of England's Megan Greene discusses the growing slack in the UK labor market and persistent wage growth, alongside concerns over inflation expectations and supply weaknesses.

Economy

Eurozone Inflation Dips Slightly to 2.2% in March, Signaling Economic Stability

The euro area's annual inflation rate slightly decreased to 2.2% in March from 2.3% in February, with services being the largest contributor. The core CPI rose by 2.4% year-on-year...

Economy

Major 7.7-Magnitude Earthquake in Myanmar Triggers Immediate Trading Suspension in Thailand's Stock Exchange

Following a 7.7-magnitude earthquake in Myanmar, the Stock Exchange of Thailand suspended all trading activities, impacting SET, MAI, and TFEX. The SET index was down 1.05% at a on...

Economy

Germany's Manufacturing Sector Hits 31-Month High in March Amid Rebound in New Orders

Germany's manufacturing sector reached a 31-month high in March, with PMI at 48.3, driven by new orders and domestic sales. Growth was led by intermediate goods, while challenges i...

Economy

BoE's Megan Greene Warns of Unexplained Wage Growth Amid Labor Market Slack

Bank of England's Megan Greene discusses the paradox of increasing labor market slack yet unexplained high wage growth, alongside concerns over inflation expectations and the impac...