Economy News

Economy

Deputy PM Choi Urges Pension Funds to Stabilize Volatile Markets

Deputy Prime Minister Choi Sang-mok calls for pension funds to play a responsible role in stabilizing the volatile stock market. The meeting, attended by key financial figures, add...

Economy

China's Monetary Policy Shift: Looser Policy and Proactive Fiscal Approach in 2025

China's Politburo announces a shift to a "moderately loose" monetary policy and a more proactive fiscal approach in 2025, aiming to boost economic consumption and stabilize the rea...

Economy

Eurozone Investor Confidence Plummets in December Amid Economic Challenges

Investor confidence in the Eurozone is expected to decline in December, according to Sentix. The overall index is projected to decrease by 4.6 points to negative 17.5, its lowest l...

Economy

US Wholesale Inventories Show Modest Increase in October, Reflecting Economic Stability

US wholesale inventories increased by 0.2% in October, reaching $905 billion, in line with analysts' expectations. Sales of merchant wholesalers stood at $675.1 billion, decreasing...

Economy

Australia's Central Bank Maintains Steady Rates Amid Softer Stance

The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...

Economy

German Inflation Hits 2.2% in November: Key Insights and Trends

Germany's annual inflation confirmed at 2.2% in November, with a 0.2% decrease in the CPI. Energy prices declined by 3.7%, while food and services prices increased by 1.8% and 4% r...

Economy

Eurozone Investor Confidence Plunges to Lowest Level in Over a Year

Investor confidence in the Eurozone is expected to decline in December, with the overall index projected to decrease to its lowest level since November 2023. The report cites econo...

Economy

US Wholesale Inventories Show Modest Growth in October: A Closer Look

US wholesale inventories rose by 0.2% in October compared to September's revised figures, reaching $905 billion, in line with analysts' expectations. Sales of merchant wholesalers ...