Economy News

Economy

Boosting Wages to Two-Thirds of Singapore's Pay Could Lure Malaysian Talent Back Home

Malaysia proposes raising wages to two-thirds of Singapore's levels to address the brain drain of skilled workers. Initiatives include a minimum wage hike and investments in educat...

Economy

ECB's Villeroy Predicts 100 Basis Points Rate Cut by Summer 2025 Amid Inflation Concerns

ECB's Francois Villeroy predicts a 100 basis point rate cut by summer 2025, discusses potential inflationary effects from US policies, and the possibility of decoupling ECB and Fed...

Economy

ECB President Lagarde Open to Significant Rate Cuts Amid Economic Uncertainty

ECB President Christine Lagarde discusses the possibility of significant rate cuts, emphasizing data-driven decisions and the impact of energy prices on future policies. She also t...

Economy

ECB's Lagarde Anticipates Trump's Tariff Moves, Stresses EU Preparedness

ECB President Christine Lagarde discusses the EU's readiness to respond to potential U.S. tariffs on European goods, highlighting the importance of preparedness and monitoring futu...

Economy

ECB's Christine Lagarde Forecasts Eurozone Inflation to Hit Target by 2025

ECB President Christine Lagarde predicts Eurozone inflation will reach its target by 2025, expressing confidence in the disinflationary process and downplaying concerns over US inf...

Economy

Sanchez Warns: A Trade War Between US and EU Benefits No One

Spanish Prime Minister Pedro Sanchez highlights the negative impact of a US-EU trade war, emphasizing the importance of strengthening transatlantic economic ties over engaging in c...

Economy

China Stands Firm: Vows to Protect National Interests Amid Trump's Tariff Threat

China reaffirms its commitment to protect national interests following President Trump's announcement of a 10% tariff on Chinese imports, citing concerns over fentanyl trafficking....

Economy

Trump's Universal Tariff Plan: A New Era for U.S. Trade Policy

Experts predict the Trump administration will soon implement universal tariffs, impacting trade relations with South Korea and potentially affecting companies in Mexico, Canada, an...