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Global Economic News

Trump and South Korea’s New President Aim for Tariff Agreement

The Impact of Tariffs on U.S.-South Korea Relations In a significant development for international trade, President Donald Trump recently engaged in a phone call with South Korean President Lee Jae-myung, marking their first conversation since Lee’s election. This dialogue comes at a crucial time, as...

XRP Falls 4% Amid Global Economic Tensions Prompting Market Selloff

XRP Faces Volatility Amid Global Economic Tensions In the ever-fluctuating world of cryptocurrency, XRP has recently experienced a notable decline, falling as much as 6% within a 24-hour period. This downturn is largely attributed to escalating global economic tensions that have rattled financial markets, leading...

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Swiss Re Expects Less Than $700 Million Impact from L.A. Wildfires

Staff Reporter Swiss Re announced Thursday that it anticipates claims from the wildfires in Los...

Vietnam’s U.S. Exports Make Up 30% of GDP, Heightening Tariff Vulnerability

Staff Reporter Vietnam's exports to the United States accounted for 30% of the country's gross...

UK Companies Hiring Less but Offering Higher Salaries, Says Adzuna

Staff Reporter British companies are advertising fewer job openings while simultaneously offering higher salaries, according...

Brazil to Join OPEC+ as a Major Oil Exporting Nation

Staff Reporter Brazil’s government announced on Tuesday its approval to join OPEC+, the coalition of...

Singapore to Face Impact from Rising Global Tensions, PM Warns

Staff Reporter In a recent budget speech delivered in Parliament, Singapore's Prime Minister Lawrence Wong...

Japan’s Inflation Hits 17-Month High in January Amid Rising Food Prices – Reuters Poll

Staff Reporter Japan's core consumer price inflation is projected to reach a 17-month high in...

EU Commission to Propose Simpler, More Focused Long-Term Budget

Staff Reporter The European Commission is gearing up to propose significant changes to the long-term...

Europe’s Economy Stalls at Year-End 2024: Germany Faces Tough Times

Staff Reporter Europe's economy ended 2024 with no growth, according to Eurostat, the EU's statistics...

US Economy Expands 2.3% in Q4, Falling Short of Expectations

The U.S. economy’s performance in the fourth quarter of 2024 has sparked discussions among...

2025 Global Economic Forecast | Deloitte Insights

Euro Area: Economic Outlook for 2024 and Beyond The euro area has faced a challenging...

Wall Street’s AI Bubble Mirrors Dotcom Crash, Says Ray Dalio

Staff Reporter Wall Street's enthusiasm for artificial intelligence has created a bubble in U.S. stock...

Morgan Stanley Lowers UK Growth Forecast for 2025

Staff Reporter Morgan Stanley has revised its economic outlook for the UK, projecting a decline...

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Why Hong Kong Remains China’s Premier Global Financial Hub, Outpacing Shanghai

The Rise of Hong Kong as a Preferred Capital Market for Chinese Tech Companies In...

Trump and South Korea’s New President Aim for Tariff Agreement

The Impact of Tariffs on U.S.-South Korea Relations In a significant development for international trade,...

Re-domiciliation Regime Gains Support

Positive Market Response to Hong Kong’s New Company Re-Domiciliation Regime The recent enactment of legislation...