Economic events
Asia-Pacific markets mostly fall as investors assess Japan’s trade data and Trump’s plans for Powell
Singapore stocks extend rally to hit fresh all-time highs Singapore’s 30-stock benchmark Straits Times Index extended its winning run for a ninth consecutive day, hitting a fresh all-time high of 4,154.13 earlier in the session. Stock Chart IconStock chart icon Straits Times Index Chinese and Hong Kong stocks rise in early trade Chinese and Hong […]
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Expect tariff ‘cascade’ effect across slowing global economy, top UN official warns
The leading arm of the United Nations’ organization focused on trade and development, UNCTAD, said President Trump’s tariff policies are already creating new costs and disruptions in the global supply chain, and for less developed nations that trade with the U.S., the worst economic fallout hasn’t hit yet. “We already see a disruption in the […]
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France flirts with cutting two public holidays to save money
Alpha Jets of the French Air Force Elite aerobatic flying team “Patrouille de France” perform a fly-over during a ceremony at the Arc de Triomphe for the 80th anniversary of VE Day, or Victory in Europe Day, marking the end of World War II in Europe, in Paris, on May 8, 2025. Thomas Samson | […]
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CNBC’s UK Exchange newsletter: Britain was once known as a ‘nation of shopkeepers.’ Now, not so much
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch England, Napoleon Bonaparte reputedly once said, is a nation of shopkeepers. These days, he might observe that it is more a nation of administrators, insolvency practitioners and restructuring advisors. Barely a day passes […]
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CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good
People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens […]
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Fund managers are going all-in on Europe’s banking stocks, Bank of America finds
Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the […]
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The UK’s budget gap is widening and markets want to know Reeves’ fix
Britain’s Chancellor of the Exchequer Rachel Reeves (C) reacts during a visit to the Sir Ludwig Guttmann Health and Wellbeing Centre in east London on July 3, 2025, where they launched the Government’s new Health Plan. Jack Hill | Afp | Getty Images “I said on day one that economic growth was now our national […]
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Japan bond yields hit multi-decade highs as fiscal fears mount ahead of election
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s benchmark 10-year government bond yield climbed to its highest level since 2008 on Tuesday as concerns about fiscal spending mount ahead of an upper house election. Yields on the 10-year instrument climbed to 1.599%, the highest […]
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‘To be free in this world, you must be feared’: France’s Macron calls for defense spending boost
France’s President Emmanuel Macron arrives to deliver a speech to army leaders at l’Hôtel de Brienne in Paris on July 13, 2025, on the eve of the annual Bastille Day Parade in the French capital. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron on Sunday announced plans for a substantial increase in […]
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Wall Street sounds alarm on Europe’s economy over renewed U.S. tariff threat
U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning that the move could trigger a “prolonged and deeper economic slowdown” across the continent and potentially force the European Central Bank to cut rates. Trump revealed the new rates in letters to European Commission President Ursula von […]
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