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 News
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...
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...
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...
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...
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...
Vietnam Poised to Overtake Singapore in GDP by 2029, Becoming a Regional Powerhouse
Vietnam's GDP is expected to surpass Singapore's by 2029, reaching $676 billion, and could rise to $1.41 trillion by 2039. With a focus on labor productivity, education, and techno...
South Korea Pledges Rapid Action to Stabilize Financial Markets Amid Volatility
South Korea's acting President Choi Sang-mok has announced the government's readiness to implement swift and bold measures to stabilize the financial and foreign exchange markets. ...
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