Tariffs & Duties White House: Preference for U.S. Goods Eases Tariff Inflation by Daisy D. 07/15/2025
Tariffs & Duties Trump Announces New Tariff Plan and Additional Defense Support for Ukraine 07/15/2025
Global Trade Ajay Banga Elected as President of the World Bank The executive board of the World Bank has elected Ajay Banga, former CEO of Mastercard, as its president for... by Richie 05/03/2023
Economic Indicators US Federal Reserve Raises Interest Rates and Signals Possible Pause The US Federal Reserve made the decision on Wednesday to increase interest rates by a quarter of a percentage... by Richie 05/03/2023
Economic Indicators IMF Adjusts Upward Asia’s Economic Forecast Fueled by China’s Recovery The International Monetary Fund (IMF) has revised its economic forecast for Asia, emphasizing China's recovery as a driving force... by Richie 05/02/2023
Economic Indicators Eurozone Annual Inflation Sees a Rebound, Rising to 7% in April Eurozone annual inflation experienced an upturn in April, reaching 7 percent, as reported by the European Union's statistics agency.... by Richie 05/02/2023
Global Trade Go First Airline Files for Bankruptcy Amid Operational Challenges India's Go First airline has filed for bankruptcy proceedings on account of financial constraints, with nearly half of its... by Richie 05/02/2023
Economic Indicators US Treasury Warns of Potential Debt Default by June Amidst Ongoing Debate United States Treasury Secretary Janet Yellen has conveyed a letter to Republican House Speaker Kevin McCarthy, cautioning that the... by Richie 05/01/2023
Economic Indicators Hong Kong Increases Minimum Wage Amidst Mixed Reactions Hong Kong's minimum wage has seen a modest increase after a four-year freeze, rising by 2.50 Hong Kong dollars... by Richie 05/01/2023
Global Trade South Korea’s Exports Face Prolonged Decline, Marking Longest Losing Streak in Three Years South Korea's exports have experienced a seventh consecutive monthly decline in April, marking their lengthiest losing streak in three... by Richie 05/01/2023
Economic Indicators Australia Anticipates Budget Rebound with Emphasis on Fiscal Restraint Australia's Labor government is poised to unveil a substantial improvement in the budget's bottom line next week, driven by... by Richie 05/01/2023
Global Trade Biden Addresses Banking System Stability Following JPMorgan’s Acquisition of First Republic US President Joe Biden has provided reassurance to the American public, emphasizing the safety and soundness of the United... by Richie 05/01/2023