China’s Trade Surplus Surges Amid Sharp Import Decline
China’s trade surplus rose to $170.52 billion in January-February 2025, significantly higher than $125.16 billion in the same period last year and exceeding market expectations of $142.4 billion. However, this increase was driven by a sharp decline in imports and...
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Japan’s Ruling Party Proposes Reducing Crypto Tax to 20%
Japan’s Liberal Democratic Party (LDP) has proposed a tax reduction on cryptocurrency gains, lowering the maximum rate from 55% to 20%. The party is currently seeking public feedback on the proposed amendment. Key Highlights of the Proposal 1. New Classification...
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U.S. Trade Deficit Hits New Record – Surge in Imports Ahead of Tariff Implementation
In January 2025, the U.S. trade deficit reached a staggering $131.4 billion, setting a new record. This marks a significant increase compared to the previous month’s deficit of $98.1 billion (after data revision) and the forecast of $127.4 billion. This...
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ECB Interest Rate Cut – A Shift Towards Accommodative Monetary Policy
The European Central Bank (ECB) has recently announced a 25 basis point reduction in key interest rates, signaling a shift in its monetary policy approach. This move aligns with market expectations and highlights the ECB’s response to evolving inflation and...
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Federal Reserve Beige Book: Modest U.S. Growth Amid Inflation
The latest Federal Reserve Beige Book, based on data collected through February 24, 2025, shows that the U.S. economy has experienced slight but uneven growth since mid-January. While some regions saw moderate expansion, others reported stagnation or slight declines, with...
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