Economy
Understand the forces shaping our world with our Economy section, offering in-depth coverage of financial markets, economic policies, and global trade. From macroeconomic trends and fiscal policies to economic forecasts and business cycles, we provide expert analysis and comprehensive reports. Our articles help you stay informed about the economic landscape and its impact on your life.
Korean Won Opens At 1380 Won Against Dollar
On May 7, 2025, the Korean Won/US Dollar exchange rate opened at 1,380 won in the Seoul foreign exchange…
Credit Card Loan Delinquency Hits 20-Year High
The delinquency rate on credit card loans from domestic banks has surged to its highest level in 20…
Korean Won Hits Six-Month Low Against Dollar
The Korean Won has seen a significant drop against the U.S. Dollar, starting at 1,380.0 won on May 7,…
Asia Strengthens Financial Stability With New Emergency Fund
On May 6, 2025, a significant collaboration aimed at enhancing financial stability in Asia was announced,…
Vietnam's Economy Shows Positive Trends Amid Global Challenges
On May 6, 2025, during the regular government meeting for April, Vietnam's Minister of Finance, Nguyen…
Monetary Policy Council Expected To Cut Rates By 50 Basis Points
On May 7, 2025, the Monetary Policy Council (RPP) is expected to announce a significant change in interest…
Taiwan President Addresses Currency Surge Amid Trade Talks
Amid rising concerns over Taiwan's currency strength, President Lai Ching-te has stepped forward to…
Spanish Treasury Bills See Interest Rates Drop Below 2%
The Spanish Public Treasury has kicked off May's auction with a significant drop in interest rates for…
Vietnam Reports Strong Trade Performance Despite Challenges
In April 2025, Vietnam's total import and export turnover reached $74.32 billion, reflecting a slight…
South Africa Faces Interest Rate Cuts Amid Global Uncertainty
The pendulum keeps swinging for interest rate expectations in South Africa, with economists now seeing…
Thailand Prepares To Launch Digital Wallet For Youth
As Thailand grapples with economic uncertainties stemming from global pressures, the government is set…
Swiss Unemployment Rate Falls To 2.8% In April 2025
The unemployment rate in Switzerland has decreased to 2.8% in April 2025, a slight dip from the previous…
Gold Prices Surge Amid US Trade Tensions
On May 6, 2025, the global gold market is experiencing significant fluctuations, with spot gold prices…
Fuel Prices Hit Lowest Levels Since 2021
The oil price has fallen sharply in recent months, and this decline is being felt at the pump as fuel…
Bank Of England Set To Cut Rates Amid Trade War
The Bank of England is poised to cut interest rates on Thursday, May 8, 2025, as the ongoing trade war…
NAB Predicts Major Interest Rate Cuts Ahead
The National Australia Bank (NAB) has made a significant prediction regarding interest rates, forecasting…
Agriculture Grows Double Digits For First Time In 15 Years
On Monday, May 5, 2025, Statistics Indonesia (BPS) announced a remarkable milestone in the country’s…
Gold Prices Surge Amid Economic Uncertainty
On May 5, 2025, the price of gold experienced a significant surge, adjusting up by 100 baht at the market's…
Thai Baht Strengthens Amid Global Trade Uncertainty
On May 6, 2025, the Thai baht opened at 32.93 baht to the dollar, showing a slight appreciation from…
Taiwanese Dollar Surge Impacts Exporters Amid Economic Uncertainty
The recent appreciation of the Taiwanese dollar has raised significant concerns among exporters and…