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The Eurasian Economic Union is actively expanding its trade territory: it is exploring the establish

The Eurasian Economic Union is actively expanding its trade territory: it is exploring the establish

September 11, 2024, 1:46 pm EDT
First time in 20 years! Google, Android may be divested

First time in 20 years! Google, Android may be divested

August 15, 2024, 1:53 pm EDT
Australia's Exports to US Surge, Reversing Trade Deficit

Australia's Exports to US Surge, Reversing Trade Deficit

May 13, 2025, 2:14 pm EDT
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

May 13, 2025, 1:59 pm EDT
Zimbabwe's Economic Growth Potential Unlimited, Says U.S. Ambassador

Zimbabwe's Economic Growth Potential Unlimited, Says U.S. Ambassador

August 23, 2024, 9:45 am EDT
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Electricity costs reduced by 25% as Thailand works to boost data center industry

Electricity costs reduced by 25% as Thailand works to boost data center industry

Electricity costs reduced by 25% as Thailand works to boost data center industry
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.
Australia's Exports to US Surge, Reversing Trade Deficit

Australia's Exports to US Surge, Reversing Trade Deficit

In the three months to March 2025, Australia's merchandise exports to the US surged more than three - fold year - on - year to A $16.7 billion, creating a trade surplus of A $4.1 billion and reversing a deficit of A $6.2 billion in the same period last year. Driven by the hedging demand triggered by Trump's tariff policies, the export of gold has become a key driving force
New Zealand's Housing Loan Risks Accumulate Despite Interest Rate Cuts

New Zealand's Housing Loan Risks Accumulate Despite Interest Rate Cuts

Despite the Reserve Bank of New Zealand initiating an interest - rate - cutting cycle in August 2024 and the continuous decline in mortgage rates, risks in the housing loan sector are steadily mounting. As of March 2025, the total amount of non - performing housing loans reached NZ$2.412 billion, an increase of NZ$249 million (11.5%) from the beginning of the year.
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.
FTSE 100 Index Records 13 - day Winning Streak, but Macroeconomic Signals are Mixed

FTSE 100 Index Records 13 - day Winning Streak, but Macroeconomic Signals are Mixed

The FTSE 100 index has witnessed a remarkable 13 - day consecutive gain, reaching a seven - year high. On May 2nd, it edged up 0.02% to 8,229.97. However, individual stocks showed a significant divergence. Rolls - Royce saw a 1.7% increase after confirming that tariff - relief measures would safeguard its annual targets.
Japan's Economy Shrinks in Q1 as US Tariffs Hit Auto Industry

Japan's Economy Shrinks in Q1 as US Tariffs Hit Auto Industry

Japan's economy is expected to have shrunk by 0.2% on an annualized basis in the first quarter, the first negative growth in a year, according to a Reuters poll. The main reasons are weak domestic demand and imports growing faster than exports. Private consumption increased only slightly by 0.1%, as rising food prices curbed spending. Capital expenditure rose by 0.8%, but net exports dragged down GDP by 0.6%.
London Housing Crisis Worsens: Double Blow of Homelessness and Construction Dilemma

London Housing Crisis Worsens: Double Blow of Homelessness and Construction Dilemma

London is facing a worsening housing crisis. In the first quarter of 2025, the number of rough sleepers reached 4,427, an 8% year - on - year increase, hitting a new record high. The government spends £4 million daily to accommodate 183,000 homeless people, including 90,000 children.
Canadian Stocks Retreat Slightly Amid Oil Price Decline and Service Sector Woes

Canadian Stocks Retreat Slightly Amid Oil Price Decline and Service Sector Woes

On May 5, the Canadian stock market experienced a slight pullback. The S&P/TSX composite index on the Toronto Stock Exchange dropped 27.99 points, or approximately 0.3%, closing at 24,953.52, bringing an end to the previous day's upward trend.
Japan Clarifies on US Debt and Participates in 10+3 Finance Meeting

Japan Clarifies on US Debt and Participates in 10+3 Finance Meeting

On May 5th, Japanese Finance Minister Katsunobu Kato clarified in Milan, Italy, that Japan will not use the sale of its $1.3 trillion in US Treasuries as a bargaining chip in US trade negotiations, retracting his previous controversial remarks.
UK Family Income Disparities Worsen

UK Family Income Disparities Worsen

The latest data from the UK's Office for National Statistics on May 2nd shows that, after inflation adjustment, the median disposable income of UK households remained at £36,700 for the fiscal year 2024 (from April 2023 to March 2024), returning to the pre - pandemic level. However, the wealth gap continues to widen. The median income of the poorest one - fifth of households decreased by 2.6% to £16,800, 4.9% lower than before the pandemic.
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,
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.
US-Japan Tariff Negotiations Reach an Impasse as US Refuses to Fully Lift Tariffs to Pressure Japan

US-Japan Tariff Negotiations Reach an Impasse as US Refuses to Fully Lift Tariffs to Pressure Japan

The tariff dispute between the United States and Japan has been escalating. Negotiation details revealed on May 6 show that the US side has firmly refused to cancel the 14% punitive tariffs and the 10% base tariff imposed on Japan by the Trump administration.
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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