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Category: Economy

busan port container ships korea economy
Economy News

Korean Companies Eye Brighter Second Half Despite Global Headwinds

11 months agoFreya Jones

Majority of firms anticipate stable or improved conditions; cost control and export strategies top the agenda Korea Inc. isn’t breaking out the champagne just yet — but there’s a shift...

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bharat bandh protest crowd street india
Economy News

Bharat Bandh Disrupts Public Services Across India as Over 25 Crore Workers Protest New Labour Codes

11 months agoMason Miller

Banks, Coal, Highways, and Postal Services See Strikes as Unions Demand Policy Rollbacks and Better Wages India woke up to closed shutters, empty bank counters, and thinner-than-usual traffic on July...

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vietnam commercial banks hanoi ho chi minh
Economy News

Vietnam’s Banks Shift Gears, Eye Regional Spotlight with Bold Growth Target

12 months agoHenry Wilson

Credit-fueled expansion meets hard questions on risk and resilience Vietnam’s banking sector is picking up speed — fast enough to turn heads across ASEAN. The State Bank of Vietnam (SBV)...

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US Capitol Building
Economy News

Banks Cheer Trump’s “Big Beautiful Bill” Even as Deficit Alarms Ring

12 months agoOlivia Smith

Sweeping tax reforms win Wall Street praise, while economists warn of longer-term fiscal strain A fresh wave of optimism is pulsing through America’s financial sector — not from a strong...

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uk economic growth
Economy News

UK Growth Hits 0.7% But Savings Slump Raises Red Flags for Households

12 months agoNoah Mark

Trade pact with US kicks in as MPs question value of Lifetime ISAs for vulnerable savers The UK economy posted a 0.7% growth in the first quarter of 2025—its strongest...

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ghana mobile money fintech
Economy News

Ghana’s Central Bank Urges Traditional Lenders to Catch Up as Fintechs Dominate Digital Payments

12 months agoHenry Wilson

Telcos and startups are eating banks’ lunch—and regulators are ringing the alarm bell Mobile money isn’t just winning in Ghana—it’s crushing the old guard. Traditional banks are barely hanging on...

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pakistan digital banking mobile
Economy News

Pakistan’s Digital Dreams: How Banks Could Be the Missing Piece

1 year agoFreya Jones

With digital wallets booming and fintechs mushrooming, Pakistan’s financial sector is at a crossroads. Banks now have a unique shot to transform access, build trust, and shape the nation’s role...

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South African economy business
Economy News

South African Business Confidence Falls Sharply in Q2 Amid Economic Uncertainty

1 year agoHenry Wilson

South Africa’s business confidence took a hit in the second quarter of 2025, dropping five points to 40. This decline hints at a slowdown in economic momentum, with many businesses...

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uk manufacturing factory
Economy News

UK’s Industrial Strategy Faces Pressure to Tackle Soaring Energy Costs

1 year agoHenry Wilson

British business leaders warn Prime Minister Keir Starmer that his upcoming industrial plan risks falling flat unless it offers real relief from the UK’s sky-high power bills hitting manufacturers hard....

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Russia banking
Economy News

Russia’s Economy Teeters on Edge Amid Banking Crisis Fears and Corporate Pullbacks

1 year agoHenry Wilson

Russia’s economy is facing a stormy road ahead, with warnings of a potential banking collapse, growing corporate caution, and a slowdown that’s sending ripples across markets. Recent analysis from Kremlin-linked...

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