Economy News

Economy

China Firmly Denies Recent Trump-Xi Phone Call Amid Trade Talks Speculation

Chinese officials deny any recent phone call between President Xi Jinping and Donald Trump, contradicting Trump's claims of discussions on trade and tariffs. The situation is furth...

Economy

ECB's Villeroy Criticizes Trump's Protectionist Policies as Ineffective Amid Economic Uncertainty

ECB's Francois Villeroy de Galhau criticizes Trump's protectionist policies for causing economic instability, while expressing confidence in Europe's economic resilience and potent...

Economy

Spain's Retail Sector Sees a Significant 3.6% Surge in March, Marking a Strong Start to Spring

Spain's retail sales rose by 3.6% in March, with food sales up by 0.5% and other sectors down by 0.7% monthly. Annually, sales surged by 3.6%, indicating strong consumer spending r...

Economy

Spain's Retail Sales Surge by 3.6% in March: A Sign of Economic Recovery?

Spain's retail sales grew by 3.6% in March, with food sales up by 0.5% and other sectors slightly down. Annual figures also show a 3.6% increase, indicating economic recovery.

Economy

ECB's Villeroy Criticizes Trump's Protectionist Policies as Ineffective and Harmful to US Economy

ECB's Francois Villeroy de Galhau criticizes Trump's protectionist policies as ineffective, causing economic instability. He remains optimistic about Europe's economy, foreseeing n...

Economy

BOK Governor Hints at Economic Slowdown: Korea's Growth Forecast Faces Potential Downgrade Amid Global Uncertainties

Bank of Korea Governor Rhee Chang-yong indicates a potential downgrade in South Korea's growth forecast due to global uncertainties and emphasizes cautious monetary policy and stru...

Economy

China Expands Trade with Cambodia: Durian and Crocodile Imports Among 37 New Deals

China and Cambodia have signed 37 trade protocols, with a focus on agricultural products like durian and crocodile. The deal also opens new opportunities for swiftlet nest exports,...

Economy

China's Domestic Durian Industry Soars: Can It Rival Southeast Asia's Dominance?

China's domestic durian industry, centered in Hainan, is experiencing rapid growth with record yields. However, challenges like higher costs and limited production capacity mean So...