South Korean economy grows 2 percent in 2024, steady progress
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
Tag : global economy
World Bank remains bullish on India’s economic growth and potential
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Korean won hits new yearly low amid Trump tariff concerns
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South...
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global...
Elliott Management warns of crypto collapse due to White House backing
Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar....
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s industrial profits fell 4.7 percent in the first eleven months of 2024, according to the National Bureau of Statistics, highlighting ongoing economic challenges....
ADB lowers South Korea’s 2025 growth forecast to 2 percent
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and...
OPEC predicts 2.25 million bpd surge in global oil demand
OPEC projects 2.25M bpd surge in global oil demand for 2024-2025. Robust outlook amid geopolitical tensions....