Economy News

Economy

China's Retail Sales Surge: A 3% Boost in November Amid Economic Resilience

China's retail sales saw a 3% increase in November, highlighting the country's economic resilience and steady recovery of consumer confidence.

Economy

Japan's Private Sector Shows Signs of Recovery in December

Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...

Economy

Interest Rates Surge as Deposit Growth Falters: Banks Compete for Deposits

Agribank hikes interest rates significantly, leading other banks to follow suit as deposit growth slows. The average deposit interest rate has risen by 0.5 percentage points, drive...

Economy

Thailand Plans to Enforce Global Minimum Corporate Tax from 2025

Thailand plans to enforce a global minimum corporate tax from January 2025, following the OECD's new regulations. The current corporate tax rate in Thailand is 20%, but companies r...

Economy

Australian Private Sector Activity Shows Slight Decline in December

Australia's private sector business activity saw a slight decline in December, with key indicators lower than the previous month, according to S&P Global's preliminary report.

Economy

What's Ahead: Fed's Rate Decision, Putin's Annual Address, and Key Economic Data

Investors brace for central bank decisions, including the Fed's rate move, and key economic data releases. Political events, such as Putin's annual address and Germany's confidence...

Economy

Vietnam Emerges as China's Leading Banana Supplier: A Closer Look

Vietnam has become China's top banana supplier, with a 19.6% increase in exports, while the Philippines saw a 39.2% decline due to production issues. Vietnamese bananas are now wid...

Economy

Thailand's Average Employee Salary Projected to Surge by 5% in 2025

Thailand's average employee salary is projected to grow by 5% in 2025, influenced by factors like performance and market competitiveness. The survey highlights increased short-term...