Economy News

Economy

December Sees U.S. Manufacturing Sector Edge Towards Growth: ISM Report

The U.S. manufacturing sector showed a slight improvement in December, with the PMI rising to 49.3 from 48.4 in October, according to the ISM. This indicates a slow move towards gr...

Economy

China's Central Bank Vows to Ensure Ample Liquidity for Sustained Economic Growth

The People's Bank of China is focusing on maintaining ample liquidity and enhancing monetary policy tools to support economic growth. Plans include increasing money and credit supp...

Economy

November Sees a Decline in UK Mortgage Approvals to 65,700

The UK housing market saw a downturn in November with mortgage approvals dropping to 65,700, alongside declines in remortgaging approvals and consumer credit. The annual growth rat...

Economy

Vietnam's Credit Growth Aims for a 16% Surge by 2025: A Strategic Economic Boost

Vietnam's State Bank projects a 16% credit growth by 2025, focusing on economic growth, inflation control, and efficient credit management. A new scoring system for credit quota al...

Economy

Turkey Sees a Slight Dip in Annual Inflation Rate, Dropping to 44.38% in December

Turkey's annual inflation rate decreased to 44.38% in December from 47.09% in November. Education and housing prices saw the highest increases, while transportation and clothing ex...

Economy

Germany's Unemployment Rate Climbs to 6% in December, Marking a Slight Increase

Germany's unemployment rate increased to 6% in December, with 2,807,000 people unemployed, marking a rise from the previous month and year. Underemployment also saw an increase, hi...

Economy

China Unveils Plan to Ramp Up Economic Growth with Increased Ultra-Long Treasury Bonds in 2025

China plans to significantly increase funding from ultra-long treasury bonds in 2025 to stimulate economic growth, focusing on subsidy programs for durables and large-scale equipme...

Economy

December Sees a Significant Drop in Spain's Unemployment Rates by 0.98%

Spain's unemployment rate decreased by 0.98% in December, with 25,300 fewer people unemployed, bringing the total to 2,560,718. This improvement indicates a positive trend in the l...