Economy News

Economy

UK Business Activity Shows Promising Growth in March, Despite Manufacturing Slump

UK's private sector activity expanded in March, with the composite PMI reaching a six-month high, thanks to a surge in the services sector. However, manufacturing PMI hit a 17-mont...

Economy

Germany's Economic Pulse Quickens: March PMI Shows Surprising Manufacturing Revival Amid Service Sector Slowdown

Germany's private sector showed signs of growth in March, with the Composite PMI reaching its highest since May 2024. The manufacturing sector's unexpected rebound contrasts with a...

Economy

South Korea Faces Potential High-Level Tariffs from Trump Administration Amid Trade Tensions

South Korea is potentially targeted by the U.S. for high-level tariffs as part of President Trump's strategy to address unfair trade practices, with significant global implications...

Economy

EU Financial Watchdogs Warn Against the Dangers of Deregulation Amid Economic Growth Concerns

EU financial watchdogs, including Dominique Laboureix and Frank Elderson, express concerns over the potential risks of deregulation, citing the 2008 financial crisis as a cautionar...

Economy

UK Financial Regulator Unveils Strategy to Enhance Market Trust and Promote Risk-Taking

The UK's Financial Conduct Authority (FCA) is encouraging savers to take more financial risks as part of a new strategy to address aging population challenges, boost market trust, ...

Economy

EU Financial Watchdogs Warn Against Deregulation: A Path to Crisis?

EU financial watchdogs caution against deregulation, fearing it could lead to market volatility and economic instability. Emphasizing lessons from the 2008 crisis, they advocate fo...

Economy

Vietnam's Fruit and Vegetable Exports to China Plummet by 39% Amid Stricter Quality Controls

Vietnam's fruit and vegetable exports to China dropped by 39% due to stricter quality controls, while exports to the U.S. and Japan increased. The Vietnamese government is working ...

Economy

March Sees a Significant Drop in Japan's Services Sector Activity

Japan's service sector activity fell below the neutral 50 mark in March, as reported by S&P Global. The au Jibun Bank Flash Japan Services Business Activity Index and composite PMI...