China Current Account Surplus Q2 2025 Hits Record $135.1 Billion
China’s current account surplus Q2 2025 surged to a record USD 135.1 billion, a sharp increase from USD 55.5 billion in the same quarter last year. This strong performance was driven by a significant rise in the goods trade surplus...
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US Initial Jobless Claims Rise to 226,000, Indicating Labor Market Softening
Key Takeaways US Initial Jobless Claims Signal Labor Market Weakness In the final week of July 2025, initial jobless claims in the US increased by 7,000 to 226,000, surpassing market forecasts of 221,000. This rise highlights growing signs of cooling...
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Bank of England Cuts Interest Rate to 4% in Historic Split Vote
The Bank of England cut interest rates to 4% in August 2025, marking the first reduction in over a year and the lowest level since March 2023. The decision, which came through a rare two-round vote, reflects growing tension between...
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China’s Trade Surplus Slips Below Forecasts in July Despite Strong Export Growth
📌 Key Takeaways Exports Outperform, But Surplus Falls Short of Expectations China recorded a trade surplus of USD 98.24 billion in July 2025, falling short of the anticipated USD 105 billion. While the number came in under expectations, it still...
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Trump Imposes 25% Tariff on Indian Imports Over Russian Oil Ties
✅Key Takeaways Trump Signs Order for New Tariffs on Indian Imports President Donald Trump signed an executive order on Wednesday introducing a new 25% tariff on all imports from India, citing India’s ongoing purchase of Russian oil as a significant...
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U.S. Services Sector Stalls in July as ISM PMI Falls Amid Tariff Pressures
Key Takeaways ✅ U.S. Services PMI Nears Stagnation in July 2025 The U.S. services PMI slipped to 50.1 in July 2025, down from 50.8 in June, and well below market forecasts of 51.5, according to the latest ISM data. This...
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Trump Plans Major Tariff Hike on Pharmaceutical Imports, Semiconductor Tariffs Coming Soon
📌 Key Takeaways Trump Announces Tariffs on Pharmaceuticals, Signals More to Come President Donald Trump announced on Tuesday that the U.S. will impose a new tariff on pharmaceutical imports, with plans to raise the rate sharply over the next 12...
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China’s Services Sector Sees Strongest Growth in Over a Year: Caixin PMI Hits 52.6 in July
📌 Key Takeaways China’s Services Sector Rebounds with Strong July Performance The Caixin China General Services PMI rose to 52.6 in July 2025, from a nine-month low of 50.6 in June. This marked the fastest expansion in the sector since...
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OpenAI Raises $8.3 Billion at $300 Billion Valuation, Accelerating Race to $40 Billion in 2025
OpenAI has raised $8.3 billion in a funding round that values the AI giant at approximately $300 billion, pushing its ambitious goal of securing $40 billion in funding by the end of 2025 closer to the reality of reaching the...
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BofA Securities Reaffirms No Fed Rate Cuts in 2025 Despite Soft Jobs Data
✅Key Takeaways BofA Securities Maintains Fed Will Hold Rates in 2025 Bank of America Securities (BofA) has reaffirmed its expectation that the Federal Reserve will not cut interest rates in 2025, despite growing market speculation for a rate cut as...
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