Economy News

Economy

Trump's Tariff Tango: US-Canada Trade Tensions Escalate and Ease

The US-Canada trade war intensifies as Trump doubles metals tariffs, then retracts following Canada's threat to impose electricity surcharges. This move causes market volatility an...

Economy

February Sees a 0.3% Rise in Swiss Producer and Import Prices

In February, Switzerland's Producer and Import Price Index increased by 0.3%, with notable rises in pharmaceutical raw materials and petroleum products, while import prices fell, p...

Economy

Turkey's Central Bank Vows to Continue Tight Monetary Policy to Combat Inflation

Turkey's Central Bank, under Governor Fatih Karahan, is committed to a tight monetary policy to reduce inflation to 24% by year-end. Despite recent rate adjustments, the bank is de...

Economy

Record Low Prices for Chinese Shine Muscat Grapes in Vietnam Spark Market Buzz

The price of Chinese Shine Muscat grapes in Vietnam has hit a record low, with vendors selling them at significantly reduced rates. Despite the price drop, the quality remains high...

Economy

South Korea's KCCI Proposes Game-Changing Dividend Tax Reforms to Boost Stock Market

The Korea Chamber of Commerce and Industry proposes 130 tax reform measures, including a 5% tax credit on dividend increases, to revitalize South Korea's stock market and enhance c...

Economy

Singaporean Enterprises Eye Vietnam for Renewable Energy and Industrial Park Investments

During a visit to Singapore, Vietnam's General Secretary To Lam met with Singaporean business leaders to discuss investment opportunities in Vietnam, focusing on renewable energy a...

Economy

Economic Uplift: US GDP Projected to Grow Between 2% and 2.5% in Q1 2025

Kevin Hassett forecasts US GDP growth between 2% and 2.5% in Q1 2025, citing strong economic indicators and the impact of President Trump's policies.

Economy

Jamie Dimon Observes a Slight Decline in U.S. Consumer Confidence

JPMorgan Chase & Co. CEO Jamie Dimon discusses the weakening U.S. consumer sentiment, the uncertain impact of Trump's tariffs, and his optimism for a U.S.-China trade deal in Trump...