Economy News

Economy

May's Money Supply Soars by 44 Trillion Won Amid Stock Market Rally

The stock market's recent performance has led to a 44 trillion won increase in May's money supply, with M2 showing a 6.5% year-on-year growth. Investment funds and savings deposits...

Economy

Spain's Inflation Rises to 2.3% in June: A Closer Look at the Driving Forces

Spain's inflation rate increased to 2.3% in June, driven by higher transportation, housing, and food costs. The core inflation rate remained unchanged at 2.2%.

Economy

Optimism Soars: German Economic Sentiment Hits New High Amid US-EU Tariff Hopes

German economic sentiment rises in July, with the expectations index surpassing forecasts. Improvements in the current situation index and Eurozone sentiment are noted, driven by h...

Economy

Eurozone Industrial Production Surges: A 1.7% Rise in May Signals Economic Momentum

In May, the Eurozone's industrial production rose by 1.7%, signaling economic momentum. The EU also saw a 1.5% increase. Annual growth was notable in non-durable consumer goods, wi...

Economy

Seoul's Luxury Apartment Market Sees 74% Drop in High-Price Transactions Amid New Loan Regulations

Seoul's luxury apartment market experiences a 74% plunge in high-price transactions after new loan regulations cap mortgages at 600 million won, affecting districts like Seongdong-...

Economy

Unveiling the Top 5 College Majors Facing the Highest Unemployment Rates in the US

Anthropology tops the list of college majors with the highest unemployment rates at 9.4%, followed by physics and computer engineering. Despite high unemployment, tech-related fiel...

Economy

EU Forges New Trade Partnerships as Tensions with U.S. Over Tariffs Escalate

The EU is forming new trade alliances with countries like Canada, Japan, and India in response to U.S. tariff policies, signaling a potential shift in global trade dynamics. Effort...

Economy

China's Economic Surge: A 5.2% GDP Growth in Q2 2025 Signals Robust Recovery

China's GDP growth hits 5.2% in Q2 2025, with the economy expanding by 1.1% quarterly. The primary, secondary, and tertiary industries all show robust growth, highlighting China's ...