Economics
China’s Deflation Grip Deepens Amid Industrial Pruning Challenges
China’s battle against deflation has entered a perilous new phase. Producer prices have now fallen for 33 consecutive months, marking one of the longest bouts of factory‑gate deflation in modern memory. Despite Beijing’s renewed vows to curb “destructive” price wars and prune excess industrial...
EU, US can’t find progress in trade talks
Bloomberg reported on Monday, citing sources, that the EU and the US have not yet resolved their key differences in discussions regarding a trade agreement. Brussels officials are prepared to agree to a lopsided deal favoring the US if it is necessary to make progress before the August 1 deadline....
Revival of Euro Bonds Draws Record Foreign Demand as Investors Seek Yield and Stability
Foreign investors poured nearly €100 billion into euro area government debt in May, marking the largest monthly net inflow since at least 2014. This surge of demand reflects a broader reassessment of global portfolio allocations, as asset managers, official institutions and private wealth...
U.S. Focuses on Quality Trade Deals Over August Tariff Deadline
The Biden administration has made clear it will not sacrifice the substance of its international trade agreements for the sake of meeting an arbitrary deadline, even as a looming August 1 cutoff threatens to trigger steep U.S. tariffs on imports from key partners. By emphasizing depth over speed,...
American Express increases quarterly revenue to record $17.9 billion
American Express Co., a major player in the U.S. credit card industry, reported a 9% year-over-year revenue rise in the second quarter and a 4% drop in net income, with both metrics surpassing market expectations. In April-June 2025, the firm's revenue rose to an all-time high of $17.9 billion, up...
FT: Trump to open US pension market to cryptocurrency investments
Donald Trump is set to allow investments in cryptocurrency, gold, and private equity within the $9 trillion US pension market, according to the Financial Times, referencing three individuals knowledgeable about the US president’s intentions. The newspaper's sources indicated that Trump might sign...
China’s Rare Earth Magnet Exports Surge, Reinforcing Global Supply‑Chain Leverage
China’s shipments of rare earth permanent magnets to the United States saw a dramatic rebound in June, delivering nearly 350 metric tons to U.S. ports after months of constrained deliveries. The rebound follows Beijing’s decision to expedite export licenses that had been held up under new...
Trump’s Tariff Threat Rattles EU Exporters Amid Looming 30% Levies
Since US President Donald Trump’s announcement of a sweeping 30% tariff on European Union imports set to begin August 1, EU exporters have been scrambling to mitigate its fallout. What started as an effort to address America’s goods trade deficit—now standing at roughly €198 billion—has evolved...
Crypto Market Value Surges past $4 Trillion on Institutional Demand and Policy Advances
The global cryptocurrency industry has vaulted to unprecedented heights in mid‑July 2025, with total market capitalization topping $4 trillion for the first time. This landmark has been driven by a potent combination of massive inflows into regulated investment vehicles, landmark legislation...
US Fed Holds Steady on Rates as Inflation Pressures and Growth Resilience Mount
As the Federal Reserve gears up for its July 29–30 policy meeting, officials appear set to maintain the benchmark federal funds rate in its current 4.25 percent–4.50 percent range, citing renewed signs of inflation, firm consumer spending and resilient labor markets. Despite vocal calls from...
