Economic NewsEconomic news，related to global economic dynamics, financial markets, trade policies,
Thailand approves $2.7 billion data center investment
Thailand approves $2.7 billion data center investmentmore
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 industrymore
Australia Officials Announce Heavyweight Decision: Not to Continue!
Australia Officials Announce Heavyweight Decision: Not to Continue!more
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.more
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.more
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 forcemore
Japan's manufacturing sector has been in a continuous slump, with the PMI remaining below the boom - bust line for 10 consecutive months. In April, it recorded 48.7, and the new orders index saw its largest decline in 14 months. Weak demand from China, the US, and Europe, along with US tariff shocks, have significantly hit core export categories such as automobiles and semiconductors.more
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.more
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.more
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%.more
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.more
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.more