October Sees a 0.4% Increase in US House Prices, FHFA Reports
The Federal Housing Finance Agency reports a 0.4% increase in US house prices in October, with a 4.5% annual rise. The Middle Atlantic division saw the highest growth, while the Pa...
Economy News
October Sees a 3.6% Surge in US Home Prices: A Closer Look at the S&P/Case-Shiller Report
In October, US home prices increased by 3.6% annually, with New York leading at a 7.3% rise. The S&P CoreLogic Case-Shiller report highlights city-wise performance and expert insig...
President Xi Jinping Forecasts a 5% GDP Growth for China in 2024
Chinese President Xi Jinping predicts a 5% GDP growth for China in 2024, urging for reforms and strategic resolve to navigate future challenges and strengthen international relatio...
South Korean Won Hits Record High Against USD Since 1997 Financial Crisis
The Korean won-U.S. dollar exchange rate has surged to nearly 1,500 won, the highest since the global financial crisis, with the fourth-quarter average reaching 1,398.75 won. This ...
South Korea Faces a Critical Shortage of 39,000 Industrial Technology Workers
South Korea is grappling with a significant shortage of 39,000 industrial technology workers, despite overall workforce growth. Key industries like semiconductors and biohealth are...
2024 Sees a 2.3% Hike in Consumer Prices with Fresh Food Costs Soaring by 9.8%
In 2024, the annual consumer price index rose by 2.3%, with fresh food costs surging by 9.8% due to poor harvests and extreme weather. Agricultural product prices increased signifi...
Drastic Increase in Traffic Fines: What Drivers Need to Know for 2024
In 2024, traffic fines in Vietnam will see a significant increase, with penalties for running red lights nearly tripling to $800. This move is part of a broader effort to deter tra...
Hanoi Sets Ambitious Goal: 169,000 New Jobs by 2025 to Boost Economy
Hanoi aims to create 169,000 new jobs by 2025 through comprehensive policies and solutions. The city plans to ensure social welfare, develop the labor market, and strengthen the wo...
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