Japan’s Power Prices Hit Six-Week High on Heat Wave, Gas Crunch
Japan’s spot power price climbed to a six-week high as rising temperatures in the capital city lifted consumption, while renewed disruptions to shipping through the Strait of Hormuz drove up…
China Exports, Imports Soar Faster Than Forecast as AI Booms
China’s growth in exports and imports topped all forecasts in June, as surging chip prices and global demand for hardware needed to power AI data centers lift trade across Asia.
South Korea Turns More Bullish on Economy as Chip Boom Rolls On
South Korea’s government is taking a more bullish view of the economy than the International Monetary Fund’s recent assessment, maintaining that an artificial intelligence-driven semiconductor boom will continue to outweigh…
Katayama Floats JGBs in Tax-Free Accounts, GPIF Portfolio Review
Japan’s finance minister floated the idea of adding government bonds to a tax-free investment program for individuals and said the nation’s massive pension fund will adjust its holdings if needed,…
UK Industry Tells PM to Move Energy Levies to General Taxation
High energy costs are undermining the UK’s economic performance, prompting business groups to urge the next government to shift billions of pounds of green levies from electricity bills to general…
Singapore’s Economic Growth Slows to 5.7% in Second Quarter
Singapore’s economy slowed as continued geopolitical tensions in the Middle East tempered the export boost driven by the artificial-intelligence boom.
Australia Consumer Confidence Edges Up as Price Pressures Abate
A gauge of Australia’s consumer confidence edged up in July as concerns about higher fuel prices and rising interest rates moderated, though households remained gloomy over prospects for the broader…
China’s Growth Seen Weakening to Bottom of Official Target Range
China’s economic growth is expected to have weakened as of the mid-year mark, once again stoking questions about whether policymakers will accelerate government spending to ensure they meet their annual…
RBNZ’s Conway Warns of Sticky Inflation, Risking More Rate Hikes
New Zealand inflation may not slow as quickly as the Reserve Bank forecasts, Chief Economist Paul Conway said Tuesday, suggesting further interest-rate increases may be in prospect.
New Zealand Business Confidence Recovered as Iran War Subsided
New Zealand business confidence recovered in the second quarter as a tentative US-Iran peace deal helped push down fuel prices, a survey showed.















