JPMorgan’s Dimon Defends Fed Independence Amid Trump Tensions
Warning Against Political Interference
JPMorgan Chase CEO Jamie Dimon stressed the importance of Federal Reserve independence during a call with reporters, warning that political interference...
New Trump Tariffs Could Raise Costs on Key Imports
30% Tariffs Target Mexico and the European Union
President Donald Trump has escalated his trade offensive by proposing new 30% tariffs on goods imported from...
Japanese Firms Brace for Tariffs, BOJ Pauses Rate Hikes
Companies cautious amid U.S. trade threats and weak demand
Japanese businesses are showing resilience in the face of U.S. tariffs, but growing concerns about global...
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...