China’s exports top forecasts, but falling imports point to more stimulus
China’s exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected…
The global economy needs a half-time pep talk
The Euro 2024 football championships are almost at an end. On Sunday, Spain and England will compete for the title.…
Ukraine’s economy expands 4.1% in first half of 2024, slows in June
Ukraine’s economy grew 4.1% in the first half of 2024 from a year earlier, the economy minister said on Friday,…
Citi profit climbs on investment banking surge, services strength
Citigroup’s profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its…
India’s industrial output up 5.9% y/y in May
India’s industrial output INIP=ECI grew at a stronger-than-expected 5.9% year-on-year in May amid a higher growth in the mining and…
BOJ survey shows wage growth spreading among small, medium Japanese firms
Momentum to raise wages has been spreading among small and medium firms in Japan this year, reflecting labour shortages and…
Japan steps up yen warnings, data suggest intervention
Japan’s top currency diplomat said on Friday authorities would take action as needed in the foreign exchange market, resuming his…
Fading passive equity bias rumbling in US pension savings
While investors are still scrambling to get on board the shiniest new mega-trends and what seems like a runaway stock…
Natural disasters in China caused $13 bln economic loss in January-June
Natural disasters in China resulted in 93.16 billion yuan ($12.83 billion) worth of direct economic loss in the first half…
The Bank of England’s game of two halves
The half-time review We made three calls in our 2024 outlook – that inflation would return to the 2% target…