Economy - My News!

European Central Bank cuts interest rates by 25 basis points

ECB cuts interest rates by 0.25% amid global trade tensions

My NewsApril 17, 2025April 17, 202502 mins

The European Central Bank has cut interest rates by 0.25 percentage points to address slowing growth and rising trade tensions affecting the eurozone economy.

South Korea's central bank keeps key rate unchanged at 2.75%

South Korea’s Central Bank Holds Interest Rate Steady at 2.75%

My NewsApril 17, 202501 mins

South Korea’s central bank keeps its key interest rate unchanged at 2.75% to support economic stability amid global uncertainties.

Chinese premier stresses greater efforts to boost consumption

Chinese Premier Li Qiang Urges Boosting Consumption to Unleash Market Potential

My NewsApril 16, 2025April 16, 202502 mins

Chinese Premier Li Qiang urges efforts to boost consumption and expand domestic demand to unlock China’s market potential.

Graphics: China's foreign trade grows in Q1 on strong ties with ASEAN

China’s Foreign Trade Grows in Q1 on Strong ASEAN Ties

My NewsApril 14, 2025April 14, 202502 mins

China’s foreign trade expanded in the first quarter, highlighting strong ties with ASEAN countries. Discover how China’s economy is navigating global challenges and leveraging its domestic market.

China's stability redefines global trade in a volatile era

China Emerges as Global Trade’s Safe Harbor Amid Turbulence

My NewsApril 14, 202504 mins

Amid global trade turbulence, China is emerging as the stable and reliable partner businesses are turning to, redefining its role in the international economy.

Could Trump's tariffs turn global trade topsy-turvy? video poster

Trump’s Tariffs Shake Global Trade: What It Means for the Future

My NewsApril 12, 202505 mins

U.S. President Donald Trump’s new tariff policy imposes a 145% tariff on imports from the Chinese mainland, shaking up global trade. Expert insights on how this move could reshape the world economy.

U.S. plans new fees for ships linked to China video poster

U.S. Rethinks Fee Plan for Chinese Ships Amid Industry Pushback

My NewsApril 12, 202502 mins

Facing industry backlash, the U.S. is rethinking plans to impose additional fees on Chinese shipping vessels docking at its ports.

Trump's 'Obliteration Day' tariffs only strengthen China's resolve

Trump’s Tariffs May Backfire as China Remains Resilient

My NewsApril 11, 202505 mins

Experts warn that escalating tariffs on China could hurt American consumers more than anticipated, while China’s economy shows resilience amid the trade dispute.