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Canadian Economy Faces Double Pressure: April PMI Below Boom - Bust Line, Soft Housing Market and Tariff Shock

Canadian Economy Faces Double Pressure: April PMI Below Boom - Bust Line, Soft Housing Market and Tariff Shock

May 13, 2025, 4:06 pm EDT
UK Family Income Disparities Worsen

UK Family Income Disparities Worsen

May 13, 2025, 3:44 pm EDT
Meta’s Dual Path: Sustaining Social Dominance While Navigating Metaverse and AI Transitions

Meta’s Dual Path: Sustaining Social Dominance While Navigating Metaverse and AI Transitions

May 21, 2025, 11:55 am EDT
France and Spain Face Hurdles in Economic Policy Adjustment: Fiscal Austerity and Military Spending Pressure

France and Spain Face Hurdles in Economic Policy Adjustment: Fiscal Austerity and Military Spending Pressure

May 13, 2025, 3:32 pm EDT
Thailand approves $2.7 billion data center investment

Thailand approves $2.7 billion data center investment

April 3, 2025, 2:14 pm EDT
More in Economic News
Tesla’s Growth Trajectory: Triumphs, Challenges, and Bold Bets on the Future

Tesla’s Growth Trajectory: Triumphs, Challenges, and Bold Bets on the Future

Tesla, anchored by its electric vehicle (EV) and energy storage businesses, achieved a significant milestone in 2023 by delivering over 1.8 million vehicles globally. This growth underscores the company’s continued dominance in the EV market. However, the road ahead is paved with obstacles as Tesla navigates intense competition and ambitious technological pursuits under Elon Musk’s leadership.
Meta’s Dual Path: Sustaining Social Dominance While Navigating Metaverse and AI Transitions

Meta’s Dual Path: Sustaining Social Dominance While Navigating Metaverse and AI Transitions

Meta continues to assert its dominance in the social media realm through platforms like Instagram and WhatsApp. However, the rise of TikTok has siphoned off a significant portion of its young user base. In 2023, the company grappled with a staggering loss of over $13 billion in its metaverse division, Reality Labs, even as upgrades to its AI - driven recommendation algorithms and advertising tools spurred a revenue rebound.
Thailand approves $2.7 billion data center investment

Thailand approves $2.7 billion data center investment

Thailand approves $2.7 billion data center investment
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
UK Retailers in Cost Quagmire as Inflation Worsens and Statistical Reform Looms

UK Retailers in Cost Quagmire as Inflation Worsens and Statistical Reform Looms

The UK retail industry is facing a tough situation as inflationary pressures intensify and statistical reforms are on the horizon. On April 29th, data showed that the inflation rate of grocery prices in the UK climbed to 3.8% (Kantar data), and the food inflation rate reached 2.6% (BRC data), hitting a one - year high. The retail sector is burdened by three major pressures. Firstly, the packaging tax that comes into effect in October will increase the costs of enterprises. Secondly, the Employment Rights Act may lead to more than half of the enterprises scaling back their recruitment.
UK Stocks Surge for 12 Consecutive Days, Led by Financial Sector, Cryptocurrency Regulation Launched

UK Stocks Surge for 12 Consecutive Days, Led by Financial Sector, Cryptocurrency Regulation Launched

The UK stock market has witnessed an impressive rally recently. On April 29th, the FTSE 100 index rose 0.6%, achieving a 12 - day winning streak, the longest in five years. Meanwhile, the mid - cap index has climbed for five consecutive days. The financial sector, which saw a 1.9% increase, was the main driver of this upward trend. HSBC Holdings, with a 2.6% gain, led the blue - chips. It benefited from its better - than - expected Q1 profits and a $3 - billion share - buyback plan.
Australian Stocks Surge 0.92% to Top 8000, with Uranium Shares Leading the Way

Australian Stocks Surge 0.92% to Top 8000, with Uranium Shares Leading the Way

On April 29, the S&P/ASX 200 index in Australia witnessed a significant upswing. It climbed 73.5 points, or 0.92%, to close at 8070.6 points, hitting a new eight - week high. The market sentiment received a boost from the 利好 news of the United States reducing tariffs on auto parts.
US Economic Data Highlights: Trade Deficit Hits Record High, Housing Indexes Vary, and CDS Costs Surge

US Economic Data Highlights: Trade Deficit Hits Record High, Housing Indexes Vary, and CDS Costs Surge

The US economic landscape showed several notable trends in recent data releases. In March, the US merchandise trade deficit ballooned to $162 billion, a 9.6% increase from the previous month and a new all - time high, well above the expected $142 billion. This was mainly driven by businesses "rushing to import" ahead of tariff implementations, which pushed the total import value to $342.7 billion, a 5% year - on - year increase. Consumer goods imports hit a record high, and imports of autos and capital goods also rose significantly.
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.
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.
S&P/ASX 200 Index Rises on Trade Talks Hope

S&P/ASX 200 Index Rises on Trade Talks Hope

The S&P/ASX 200 index closed 92.4 points higher, or 1.13%, on Friday. Expectations of a possible easing of the China - US trade impasse drove the index to its best weekly performance in nearly two years and to a two - month high. The statement by the Ministry of Commerce that it is "evaluating" the request from US trade officials to launch trade negotiations further boosted investor confidence.
France and Spain Face Hurdles in Economic Policy Adjustment: Fiscal Austerity and Military Spending Pressure

France and Spain Face Hurdles in Economic Policy Adjustment: Fiscal Austerity and Military Spending Pressure

In France, on May 3rd, Prime Minister Bérut stated that in order to defuse the social backlash caused by large - scale fiscal austerity, he is considering holding a referendum on the national budget, claiming that debt reduction is crucial for the "future of the country" and requires a decision from the entire population.
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,
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