Economy News

Economy

Navarro Promises Trump Admin Will Tackle Inflation Head-On

Peter Navarro, Trump's pick for senior counselor for trade and manufacturing, claims the new administration will tackle inflation head-on, starting with energy sector reforms and r...

Economy

US Retail Sales Surge: November Sees 0.7% Increase, Beating Expectations

The US Census Bureau reports a 0.7% increase in retail and food services sales in November, reaching $724.6 billion and exceeding analysts' expectations. Year-on-year sales advance...

Economy

South Korea's Push for WGBI Inclusion: Strengthening Fiscal Management Amid Political Turmoil

South Korea is enhancing its fiscal management to ensure the inclusion of its government bonds in the World Government Bond Index by November next year, despite political turmoil. ...

Economy

Chinese Kiwi Prices in Vietnam Plummet to Unprecedented Lows

Chinese kiwis are selling at unusually low prices in Vietnam, with wholesale prices starting at VND20,000 per kilogram, attributed to optimized logistics and low labor costs.

Economy

The Heartbreaking Consequences of Early Inheritance Division

An elderly man's decision to divide his land early leads to financial and emotional hardship, highlighting the potential pitfalls of early inheritance division.

Economy

Eurozone Trade Surplus Drops to €6.8B in October: What's Behind the Decline?

Eurostat reports a significant drop in the euro area's trade surplus to €6.8 billion in October, attributed to declines in surplus for chemicals, machineries, and vehicles, and an ...

Economy

German Economic Sentiment Shows Promising Improvement in December, ZEW Reports

The ZEW reports an 8.3-point increase in Germany's economic sentiment indicator for December, reaching 15.7, while the current situation indicator declined to -93.1 points.

Economy

December Sees Further Decline in German Business Climate, Ifo Report Reveals

The German business climate deteriorated further in December, with the Ifo Business Climate Index dropping to 84.7, below analysts' expectations. Meanwhile, the Current Assessment ...