ECB's Stournaras Advocates for Gradual Rate Cuts to Boost Eurozone Economy
Yannis Stournaras of the ECB recommends gradual interest rate cuts to stimulate Eurozone growth, noting inflation trends and GDP concerns.
Economy News
Political Unrest in Korea Threatens Economic Stability, Warns BOK Governor
Bank of Korea Governor Rhee Chang-yong warns that ongoing political instability could severely impact Korea's economy, emphasizing the need for swift political stabilization amidst...
ECB's Knot Raises Alarm Over Escalating Trade War Tensions
Klaas Knot of the ECB warns of a potential global trade war due to US-China tensions, highlighting risks of deflation in Europe from cheap Chinese goods and challenges to inflation...
Thailand Joins Global Movement with 15% Minimum Corporate Tax Starting 2025
Thailand announces a 15% minimum corporate tax starting 2025, aligning with the Global Minimum Tax framework to curb tax competition. This move follows the OECD's guidelines and mi...
December Sees A Surge in Spanish Inflation: What’s Behind The Numbers?
Spain's inflation rate increased to 2.8% in December, up from 2.4% in November, driven by higher fuel and leisure prices. This rise exceeded analysts' expectations, raising questio...
Vietnam's Coconut Industry Aims to Capture Billion-Dollar Global Markets
Vietnam's coconut industry is thriving, with significant growth in export revenues and global recognition. The country aims to surpass $1 billion in coconut exports by 2024, levera...
Bank of Korea Predicts Sustained Dollar Strength Amid Global Economic Shifts
The Bank of Korea forecasts the strong dollar trend to continue into early next year, driven by economic factors and policies, including the Trump administration's impact on inflat...
Survival at Stake: Korean Companies Brace for Impact as Exchange Rate Threatens to Exceed 1,390 Won by 2025
Korean companies face a critical challenge as the won-U.S. dollar exchange rate threatens to exceed 1,390 won by 2025, impacting import costs and overseas investments. A survey amo...
Popular News
