Bank of Korea Holds Rates, Signals Cut Amid Tariff Fears
Trade tensions and weak demand pressure central bank policy
South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, as expected,...
China’s Producer Prices Slide 3.6%, Deepening Deflation Fears
Consumer rebound fails to offset industrial weakness
China’s producer price index (PPI) fell 3.6% year-over-year in June, the sharpest drop since July 2023 and worse...
China Services Growth Slows to 9-Month Low in June
Weakened demand and falling export orders drag sector
China’s services sector expanded at its slowest pace in nine months in June, according to the Caixin/S&P...
Italy Flags U.S., UK, Russia, Switzerland as Risk Exposures
Bank of Italy highlights systemic risk links beyond EU borders
The Bank of Italy announced on Friday that it has designated the United States, United...
U.S. to End $7,500 EV Tax Credit by September 30
New bill phases out major incentives, reshaping EV market outlook
Congress has passed legislation that will officially end the $7,500 tax credit for new electric...
U.S. Jobs Report Looks Strong, but Cracks Are Emerging
Hiring beats expectations, yet deeper data shows signs of stress
The U.S. labor market delivered a surprising 147,000 new jobs in June and saw the...