Economy News

Economy

IndianOil Calls for Calm as Public Rushes to Fuel Stations Amidst False Shortage Rumors

Indian Oil Corporation Limited reassures the public of stable fuel supplies nationwide amidst rumors of shortages caused by India-Pakistan tensions, urging calm and normal buying p...

Economy

US Financial Regulators Aim to Weaken Basel Committee's Climate Risk Initiatives Amid Global Concerns

US financial regulators, including the Federal Reserve, are pushing to downgrade the Basel Committee's climate risk task force, potentially reducing its role in addressing climate-...

Economy

Vietnam's Booming Demand for US Goods: A Gateway to Balanced and Sustainable Trade

Vietnamese businesses are urged to engage more with American partners to unlock the full potential of bilateral trade, with current deals and negotiations paving the way for over $...

Economy

South Korea's Foreign Reserves Hit a Five-Year Low in April Amid Rising Exchange Volatility

South Korea's foreign exchange reserves fell to a five-year low in April, dropping by nearly $5 billion due to increased exchange rate volatility and swap transactions with the Nat...

Economy

Vietnam and US Forge Path Toward Sustainable Trade and Stronger Bilateral Ties

Prime Minister Pham Minh Chinh met with a U.S. Congress delegation to discuss enhancing Vietnam-US trade relations, emphasizing balanced and sustainable trade, economic independenc...

Economy

South Korea Achieves Record $9.14 Billion Current Account Surplus in March, Marking 23rd Consecutive Month

South Korea recorded a current account surplus of $9.14 billion in March, marking the 23rd consecutive month of surplus. Exports and imports showed positive growth, with semiconduc...

Economy

Unveiling the Turmoil: The Shocking Downfall of 1,000 Durian Trees in Malaysia's Pahang Region

A land dispute in Malaysia's Pahang region led to the cutting of 1,000 durian trees, including the valuable Musang King variety. Farmers protested, citing a court order, while the ...

Economy

Breaking: US May Slash China Tariffs to 50% in Groundbreaking Trade Negotiation Move

The US is considering reducing tariffs on Chinese imports from 145% to between 50% and 54%, potentially easing trade tensions and benefiting retailers ahead of the holiday season. ...