The Organization for Economic Cooperation and Development (OECD) diagnosed that inflation is easing due to tight monetary policies in each country, but growth is slowing, including shrinking global trade. In an economic outlook report published on the 29th (local time),...
The global economy, which has shown remarkable resilience this year and is showing growth, is expected to stagger next year due to the stress of war, inflation aftershocks and high interest rates, the Organization for Economic Cooperation and Development said...
In October, the U.S. Consumer Price Index (CPI) rose 3.2% year-on-year. According to the U.S. Department of Labor on the 14th (local time), the consumer price index, an indicator of inflation, rose 3.2% year-on-year as of October. This figure is...
In a turbulent economic landscape marked by geopolitical tensions, Federal Reserve uncertainties, and surging Treasury yields, investors are closely monitoring this week's earnings reports from major tech giants for indications of the stock market's future direction. These multinational corporate behemoths...
In 2021, as the prices of raw materials, including organic cotton, experienced a sharp spike, the family behind White Lotus Home, a sustainable bedding company based in New Jersey, optimistically believed that the 20% to 25% price surges were a...
The U.S. recorded a surprise growth rate in the third quarter. Analysts say that consumers are likely to fall into a recession due to prolonged high-interest rates after the fourth quarter as they opened their wallets. The U.S. Department of...
The European Central Bank (ECB) has stopped raising its key interest rate for the first time in 15 months and freezes interest rates. This is interpreted as a result of reflecting the somewhat eased inflation and signs of recession in...
Amid strengthening U.S.-led de-risking with China, analysis suggests that Korea, which is heavily dependent on de-risking between the U.S. and other Western members, and China, could suffer relatively significant damage. According to the International Monetary Fund's analysis of the regional...
International oil prices surged nearly 6% as the Middle East crisis escalated. West Texas Intermediate (WTI) futures jumped 5.80% from the previous trading day to $87.72 per barrel on the New York Mercantile Exchange on the 13th (local time). As...
The US dollar is currently in the midst of its most extended winning streak since the winter of 2014-2015, with the greenback set to achieve its eighth consecutive week of gains against a basket of major currencies. This remarkable run,...
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