Germany July flash manufacturing PMI 52.2 vs 50.5 expected
Prior 50.3Services PMI 49.6 vs 49.0 expectedPrior 48.6Composite PMI 51.2 vs 49.8 expectedPrior 49.5 Key findings: German PMI…
Even as Iran escalation threatens Apple surges 3.5%…S&P 500 flat and Nasdaq slides 0.64%
On 24 April (local time), New York stocks closed mixed as President Donald Trump’s threats of wider escalation…
Federal government says Australia’s fuel supply is ‘solid and secure’ as prices climb again
The federal government is moving to reassure motorists about Australia’s fuel supply as petrol prices rise amid renewed…
UK mortgage rates rise to highest level for a month
UK average mortgage rates have risen back to the level of a month ago as renewed tensions in…
Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet
Anthropic’s head of economics, Peter McCrory, published a lengthy X essay this week arguing AI has caused no…
Jobless claims hit lowest since the Vietnam War as Bitcoin slips
Initial jobless claims fell to 187,000 in the week ended July 18, down 22,000 from the prior week’s…
Economists skeptical Japan can grow its way out of debt: Nikkei survey
Economy Public-private investment seen as inadequate for goal of steadily lowering debt-to-GDP ratio Economists are skeptical that the…
Hongkongers increase cross-border shopping splurges, spending data shows
Even as local retail spending remains resilient, Hong Kong consumers are shopping more across the border in mainland…
Economy projected to follow a ‘V-shaped’ rebounding trajectory in H2, 2026
A view of Lujiazui, Shanghai Photo: VCG China’s GDP growth jumped 4.7 percent year-on-year in the first half…
British Pound retreats from 1.3340 as bright UK data fails to offset risk aversion
The British Pound (GBP) remains depressed near three-week lows against the US Dollar (USD) on Friday, with upside…
South Korea confronts ‘growth without jobs’ as chip profits surge
Economy Lee Jae Myung’s administration planning permanent fund to share gains from AI boom South Korean President Lee…
JPMorgan: Ageing population and deficits two drivers of higher interest rates
In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt.…