The Bank of Korea (Bank of Korea) announced on the 26th that after preliminary calculations, the real GDP growth rate of South Korea in the third quarter of this year was 0.6%. With the sharp decline in exports, South Korea's economic growth rate dropped to -0.3% in the fourth quarter of 2022. Since entering this year, it has maintained economic growth momentum for three consecutive quarters. However, Bank of Korea pointed out that although the South Korean econo ... 阅读全文

Derek Holt, Vice President of Capital Markets Economics at Scotiabank, Canada, stated that the Bank of Canada has been encouraging to avoid dove tendencies. He also expressed satisfaction with the overall communication style of the bank. But he still questions some views. Firstly, the central bank continues to inappropriately ignore the impact of various short-term shocks on the economy, from wildfires, strikes to weather, and fully attribute the summer economic ... 阅读全文

Recently, at the International Monetary Fund (IMF) and World Bank autumn 2023 annual meetings held in Morocco, the IMF's capital increase approach became a hot topic of discussion. IMF President Christina Georgieva stated in an interview with the Financial Times that the IMF should make reforms to better reflect the changes in the global economic landscape over the past decade. She expressed optimism about achieving the IMF's voting rights reform goals. However, ... 阅读全文

The first official account of financial life in Europe. Xiaofu Lu, a financial writer living in Europe, is the editor in chief of the European magazine "REEC". She has published books such as "21st Century Economic Report" and Sina Global Opinion Leaders Column, and has published "Practical Handbook for European Investment". Appointed as the "Global Investment Ambassador" of the Portuguese government, authorized to conduct investment promotion activities, with 30 ... 阅读全文

European Central Bank President Lagarde stated on Wednesday that the struggle to curb rising consumer prices is not yet over, but she is confident that inflation can return to 2%. Lagarde pointed out that central bank officials must monitor risks "very carefully", including potential oil price increases caused by the Middle East conflict. European Central Bank officials are meeting in Athens, and the market expects the bank to suspend interest rate hikes on Thurs ... 阅读全文

Jamie Dimon, the CEO of JPMorgan Chase, issued a warning on Tuesday about the dangers of the economic outlook, especially considering the recent "bad records" of central banks such as the Federal Reserve. Damon said that about 18 months ago, the financial forecasts of central banks around the world were "100% wrong", which should encourage people to remain humble about the prospects for next year. The head of the largest bank in the United States with assets has ... 阅读全文

Despite the polarization of the stock market, the US economy still experienced impressive growth after a brief slowdown last year. The GDP growth rate of the United States in the third quarter is expected to exceed 5%, and the US economy has added more than 2 million jobs since the beginning of this year. But a report released by market research firm Ned Davis Research on Tuesday showed three hidden risks that could "disrupt" the stock market and economy, and end ... 阅读全文

01:37:10 Russian Ministry of Economy: As of October 23, the annual consumer inflation rate was 6.59%, an increase from 6.38% a week ago.

Since the beginning of this year, the economic recovery in the eurozone has been sluggish. After zero growth in the first quarter of this year, the quarter on quarter growth rate in the second quarter has increased by 0.3%. Professional institutions generally predict that the prospects for economic growth in the eurozone are poor. With the arrival of winter, the pressure of energy supply shortage in Europe will once again become prominent, which may make the pros ... 阅读全文

Recently, the authoritative organization US News&World Report released two rankings, and Japan was rated as the most progressive country in the world and ranked sixth on the "World's Best Country" list. It is understood that US News rated the views of 87 countries based on a survey of over 17000 people worldwide, and released the results last month. This survey was conducted from March 17 to June 12, 2023. From the list, Japan tops the list and is rated as the mo ... 阅读全文

The Ifo Business Prosperity Index increased by 1.1 percentage points month on month. The director of the Ifo Institute stated that this is a "glimmer of hope" for Germany's bleak economy. Most experts do not expect significant growth until next year. A glimmer of light in the bleak economy In October, the mood of German business executives unexpectedly improved significantly. The Ifo Research Institute in Munich announced on Wednesday that the business climate in ... 阅读全文

Bank of Canada Governor McLehm stated that overall, there has been an increase in inflation risk since July; The inflation trend is higher than our expectations; We maintain stable policy interest rates because we hope to give monetary policy some time to reduce economic heat and alleviate price pressures; Rising energy prices and slow progress in core inflation; The possibility of further slowing down inflation is high, but the risk of inflation increases; Conti ... 阅读全文

23:47:13 Senior Vice President of the Bank of Canada, Rogers, stated that lowering interest rates can be discussed when inflation returns to target levels.

23:35:51 Governor of the Bank of Canada, McClem, stated that it is not yet the time to discuss interest rate cuts.

For the first time, the birth rate in South Korea reached a new low of less than 20000 in August. The fertility rate has dropped again! According to Yonhap Daily 25, the "August Population Trends" released by the South Korean Bureau of Statistics on the same day showed that the year-on-year decrease in the number of births in South Korea in August reached a new high of nearly 33 months, with fewer than 20000 newborns for the first time. South Korean public opinio ... 阅读全文

23:14:41 Governor of the Bank of Canada, McLean, stated that the Canadian dollar has remained relatively stable.

Bank of Canada Governor McLehm stated that overall, there has been an increase in inflation risk since July; The inflation trend is higher than our expectations.

Malaysia is a country located in Southeast Asia, with a total population of about 32 million people and a land area of approximately 330000 square kilometers. It is a typical Southeast Asian country. And this is a country whose per capita GDP in 2021, even though greatly affected by the epidemic, still reached $11125, with a total GDP scale of approximately $370 billion. However, Malaysia does not have any very powerful industries, why is the per capita GDP level ... 阅读全文

Jin Canrong, Director of the China Center for Foreign Strategic Studies at Renmin University of China, was a professor who firmly supported Russia after the start of the Russo Ukrainian War. He repeatedly proposed the view that "the United States will lose, Ukraine will lose". But some time ago, he suddenly took an unusual attitude, saying that Russia also has responsibility for the Russia-Ukraine conflict, and we cannot support Russia, which made Professor Jin's ... 阅读全文

The latest forecast from the International Monetary Fund (IMF) shows that Japan's nominal gross domestic product will be lower than Germany this year, dropping from the third largest economy in the world to the fourth. The International Monetary Fund's forecast further shows that Japan's total economic output will be surpassed by India by 2026, dropping from fourth to fifth in the world. Japanese experts have pointed out that with the decline of economic size, Ja ... 阅读全文