Economy News

Economy

Korea and UK Set to Deepen Trade Ties with Fourth Round of FTA Enhancement Talks in London

The fourth round of Korea-UK FTA enhancement talks is set for March 10-14 in London, aiming to deepen trade relations and address emerging trade fields. Discussions will cover good...

Economy

South Korea's Economic Outlook Dims: KDI Highlights Construction Slump and Export Woes

The Korea Development Institute warns of growing economic risks in South Korea, highlighting a significant decline in construction activity and challenges in the export market, inc...

Economy

Vietnam's Bold Move: Zero Registration Fees for Electric Vehicles Until 2027 Sparks Green Revolution

Vietnam introduces a zero percent registration fee for electric vehicles until 2027, aiming to boost EV adoption, reduce carbon emissions, and support economic recovery. This polic...

Economy

UK Unveils Bold Regulatory Reforms to Boost Innovation and Draw Global Investors

The UK government is introducing regulatory reforms to accelerate innovation and attract global investors, focusing on technologies like drones, autonomous vehicles, and lab-grown ...

Economy

Japan Faces a Staggering Trade Deficit of ¥2,937 Billion in January

Japan's trade deficit on the balance of payments basis reached ¥2,937.9 billion in January, a significant shift from the previous month's surplus. Exports saw a modest increase, bu...

Economy

The Changing Landscape of Job-Hopping: Why Workers Are Facing Pay Stagnation

The IT sector and other industries are seeing a shift where job-hopping no longer guarantees higher salaries. With market saturation and economic shifts, workers are facing pay sta...

Economy

China's Inflation Takes a Surprising Turn: A Deep Dive into the 0.7% Drop

China's inflation rate unexpectedly drops by 0.7% in February, contrary to the anticipated increase. Monthly consumer prices and the Producer Price Index also see declines, signali...

Economy

US Department of Justice Investigates Skyrocketing Egg Prices Amid Suspicions of Market Manipulation

The US Department of Justice is investigating the surge in egg prices, exploring potential market manipulation by producers. Factors include a doubling of prices in 2024 and the im...