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Trump Escalates Trade War: 25% Tariffs on Japan, South Korea and Others From August

Trump Escalates Trade War: 25% Tariffs on Japan, South Korea and Others From August

July 10, 2025, 3:44 pm EDT
EU - US Trade Talks Stalled, European Economic Data Under Pressure

EU - US Trade Talks Stalled, European Economic Data Under Pressure

July 10, 2025, 2:24 pm EDT
New Zealand: Housing Market Shifts to Buyer's Favor, Unemployment Rate May Reach Eight - year High

New Zealand: Housing Market Shifts to Buyer's Favor, Unemployment Rate May Reach Eight - year High

May 13, 2025, 3:31 pm EDT
RBNZ Likely to Pause Rate Cuts This Week; Economic Outlook Faces Pressures

RBNZ Likely to Pause Rate Cuts This Week; Economic Outlook Faces Pressures

July 10, 2025, 3:58 pm EDT
ESA Assesses Impact of US Budget Proposal; Europe Faces Energy Challenges

ESA Assesses Impact of US Budget Proposal; Europe Faces Energy Challenges

May 13, 2025, 4:03 pm EDT
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UK Stocks Surge with Record - Long Rally, Led by Energy and Finance Sectors

UK Stocks Surge with Record - Long Rally, Led by Energy and Finance Sectors

The UK's FTSE 100 index climbed 1.2% on May 2nd, registering its 15th consecutive daily gain and setting a new record for the longest streak of rises in its history. It is now just 3% below its March peak. Global trade tensions have eased, with signs of the US and China reopening negotiations on tariffs, and better - than - expected corporate earnings have boosted market sentiment and risk appetite.

ESA Assesses Impact of US Budget Proposal; Europe Faces Energy Challenges

ESA Assesses Impact of US Budget Proposal; Europe Faces Energy Challenges

The European Space Agency (ESA) is urgently evaluating the impact of the US 2025 fiscal year budget proposal on the joint lunar exploration program. The proposal plans to phase out the SLS rocket and the Orion spacecraft, which contains key modules of Airbus, a European company, and cancel the construction of the "Lunar Gateway" orbital station, which includes components contracted by Thales of France and Italy.

Trump Escalates Trade War: 25% Tariffs on Japan, South Korea and Others From August

Trump Escalates Trade War: 25% Tariffs on Japan, South Korea and Others From August

U.S. President Donald Trump announced Monday that the U.S. will impose sharply higher tariffs on multiple trading partners, including Japan and South Korea, starting August 1, marking a new phase in the global trade war he launched earlier this year.

RBNZ Likely to Pause Rate Cuts This Week; Economic Outlook Faces Pressures

RBNZ Likely to Pause Rate Cuts This Week; Economic Outlook Faces Pressures

New Zealand’s Reserve Bank (RBNZ) is expected to keep the Official Cash Rate (OCR) unchanged at 3.25% on July 10, pausing its streak of six consecutive rate cuts since August 2024. Market expectations for a cut this week stand at just 15%, though most forecasts anticipate 25–50 basis points of easing by November. ANZ Bank holds a differing view, assigning a 40% probability of a cut and projecting cumulative 75 basis points of reductions by February 2025, bringing the OCR to 2.5%.

Japan Considers Easing Import Car Reviews in Bid for Tariff Exemption as US-Japan Tariff Tussle Escalates

Japan Considers Easing Import Car Reviews in Bid for Tariff Exemption as US-Japan Tariff Tussle Escalates

On April 29, it was learned that the Japanese government is planning to expand the "Special Treatment System for Imported Automobiles (PHP)". The annual exemption quota for each vehicle model will be increased from 5,000 units. This move is aimed at defusing the US accusation of "non - tariff barriers" against Japan. It is intended to provide bargaining chips for the second round of US - Japan trade negotiations that will kick off on the 30th.

NZ's S&P/NZX 50 Index Rises to Near Two - Month High

NZ's S&P/NZX 50 Index Rises to Near Two - Month High

On Monday, the S&P/NZX 50 benchmark index in New Zealand climbed 0.8% to 12,421 points, achieving a three - day winning streak and closing at a near two - month high. Driven by the strong performance of transportation - related stocks, this sector benefited from the alleviation of concerns about global supply chain disruptions against the backdrop of the easing of Sino - US trade relations.

Canadian Manufacturing in Gloom as Trade War Fuels Recession Fears

Canadian Manufacturing in Gloom as Trade War Fuels Recession Fears

Canada's manufacturing sector is mired in a deep slump, with the April Manufacturing PMI dropping to 45.3, a new low since May 2020, shrinking for 11 consecutive months. The output index plunged to 42.7 and the new orders index to 41.2, hitting capital goods producers particularly hard. Uncertainties in US tariff policies have led companies to postpone decisions, and 75% of Canadian exports to the US (steel, aluminum, autos) are facing a 25% tariff shock. Retaliatory measures have exacerbated supply - chain disruptions.

EU - US Trade Talks Stalled, European Economic Data Under Pressure

EU - US Trade Talks Stalled, European Economic Data Under Pressure

The EU may reach a trade deal with the US by the end of this month, aiming to establish a "minimum - tariff reciprocal framework" to avoid the 10% benchmark tariff proposed by Trump. However, specific exemption clauses are still being negotiated. This stalemate is having a significant impact on the European economy.

UK Stocks Trade Sideways; Energy Sector Under Pressure

UK Stocks Trade Sideways; Energy Sector Under Pressure

London’s stock markets saw mixed trading on July 7, with the FTSE 100 flat and the FTSE 250 mid-cap index edging up 0.2%, as focus remained on the U.S. delaying tariff implementation to August 1 and progress in trade talks.

ANZ Bank Cuts Australia's Economic Growth Forecast, Banks Face Key Tests

ANZ Bank Cuts Australia's Economic Growth Forecast, Banks Face Key Tests

On May 5, the ANZ Bank lowered its economic growth forecast for Australia in 2025 to 2.0%. The main reasons are the slowdown in global demand and geopolitical risks weighing on exports. With the growth rate of CPI in the first quarter falling, the market expects that the Reserve Bank of Australia (RBA) may cut interest rates by 25 basis points ahead of schedule this month,

New Zealand: Housing Market Shifts to Buyer's Favor, Unemployment Rate May Reach Eight - year High

New Zealand: Housing Market Shifts to Buyer's Favor, Unemployment Rate May Reach Eight - year High

As winter approaches, New Zealand's real estate market is tilting further towards buyers. In April, the national average asking price for residential properties dropped for the second consecutive month to NZ$851,746, a 3.8% decrease from the peak in February. Major cities like Auckland and Wellington have seen significant declines. The surge in housing supply is the main pressure point, with the number of houses for sale doubling to 35,924 in four years. Although inventory has decreased slightly recently, sales activity has not picked up correspondingly.

New Zealand's Agricultural Structure Undergoes Transformation

New Zealand's Agricultural Structure Undergoes Transformation

New Zealand's agricultural structure is in a state of continuous transformation, as revealed by the latest data from Statistics New Zealand. There is a distinct contrast between the shrinking scale of traditional animal husbandry and the expansion of high - value - added planting industries.

Buffett Warns Against Tariff Abuse at Berkshire Hathaway Annual Meeting

Buffett Warns Against Tariff Abuse at Berkshire Hathaway Annual Meeting

On May 3rd, at the annual meeting of Berkshire Hathaway, Warren Buffett, the 94 - year - old billionaire investor, expressed his views on the risks of abusing tariffs. He emphasized that "tariffs should not be used as a 'weapon'", and stated that "if other countries become more prosperous, the United States will also become richer".

Nvidia’s Soaring Success: AI - Driven Dominance Faces Regulatory and Competitive Headwinds

Nvidia’s Soaring Success: AI - Driven Dominance Faces Regulatory and Competitive Headwinds

Fueled by the explosive growth of AI computing demand, Nvidia witnessed a staggering 200% surge in its market value in 2023, becoming the first chipmaker to join the prestigious trillion - dollar club. The company’s GPUs command a dominant 90% share of the AI data center market, while its CUDA software ecosystem has created an almost insurmountable barrier for competitors.

UK Stocks Focus on Central Bank Policies: FTSE 100 Slightly Down 0.2% with Precious Metals Sector Leading the Way

UK Stocks Focus on Central Bank Policies: FTSE 100 Slightly Down 0.2% with Precious Metals Sector Leading the Way

On May 6, the UK's FTSE 100 index closed 0.2% lower at 8,143 points. Investors remained cautious ahead of the interest rate decisions of the Federal Reserve and the Bank of England. The mid - cap index, however, bucked the trend and rose 0.6%, achieving a nine - day winning streak. The precious metals sector soared 5.5% boosted by the gold price. Endeavour Mining (+5.2%) and Fresnillo (+4.7%) led the gains among the blue - chip stocks.

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