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Morgan Stanley analysts expect an August rate hike, which may further weaken domestic trading conditions
The ministry will allocate 3.5 trillion won to AI chips, advanced biotech, and quantum tech
The annual inflation rate accelerated to 2.9 percent in May from 2.7 percent in April
GDP grew by 0.8 percent sequentially, a faster pace than the 0.7 percent growth seen in the fourth quarter of 2023
External financial assets reached $1.911 trillion at the end of December last year
The manufacturing sector attracted 28.4 percent, or 117.1 billion yuan, of the total FDI inflow
The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY
The SNB now expects inflation to be 1.3 percent in 2024, 1.1 percent in 2025, and 1 percent in 2026.
The one-year LPR was kept at 3.45 percent, while the five-year LPR was maintained at 3.95 percent
This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts
The country's trade deficit narrowed to $7.7 billion, down nearly 12 percent from a year earlier
The contribution is aimed at supporting the implementation of the UN's 2030 Agenda for Sustainable Development
The Brazilian leader also noted that country's GDP grew by 2.5 percent in the last 12 months
The country's growth rate for 2024 has been revised up to 2.7 percent by research firm
The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending
Imports declined 2 percent year-on-year to $53.1 billion, resulting in a trade surplus of $4.96 billion
Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target
The labor market remains an uneven playing field, particularly for women
In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent
China's economy saw robust 5.3 percent growth in Q1 driven by strong exports
