Monthly Archives: July 2025
Elon Musk announced that shareholders will decide on Tesla’s potential investment in xAI
Written on July 14, 2025 at 4:48 am, by
Tesla shareholders to vote on potential investment in Elon Musk’s AI start-up, xAI, behind Grok chatbot.
Reuters predicts the PBOC will set the USD/CNY reference rate at 7.1744 today in China
Written on July 14, 2025 at 4:18 am, by
PBOC sets daily yuan midpoint, allowing ±2% fluctuation; intervenes if volatility risks economic stability.
Week Ahead: Washington’s Crypto Gamble
Written on July 14, 2025 at 4:10 am, by
After surging past $3,000 on record ETF inflows, Ethereum enters the week exposed to two high-stakes forces: inflation data and Washington’s long-awaited stance on crypto. – vtmarkets.com
The trade ministry revealed Singapore’s GDP grew faster than anticipated, avoiding recession following contraction
Written on July 14, 2025 at 3:49 am, by
Singapore’s economy grew 1.4% in Q2 2025, outperforming expectations and rebounding from earlier contraction.
Japanese Core Machinery Orders decreased by 0.6% month-on-month, while year-on-year growth was 4.4%
Written on July 14, 2025 at 3:18 am, by
Japan’s core machinery orders dipped 0.6% in May but outperformed forecasts, indicating stabilizing capital spending.
Discussions on trade are ongoing between Trump, the EU, and South Korea, according to reports
Written on July 14, 2025 at 2:49 am, by
Trump imposes 30% EU tariff; EU leaders seek resolution as markets dip and geopolitical tensions rise.
Sovereign wealth funds are increasingly investing in China, private credit, and digital assets amidst volatility
Written on July 14, 2025 at 2:18 am, by
Sovereign wealth funds shift strategies amid uncertainty, boosting China investments and exploring private credit and digital assets.
In June 2025, New Zealand’s electronic card retail sales showed a monthly increase of 0.5% m/m
Written on July 14, 2025 at 1:49 am, by
New Zealand’s June 2025 card sales rose 0.5% monthly but fell 0.4% from last year.
In June, New Zealand’s services sector contracted for the fifth month, with a PSI reading of 47.3
Written on July 14, 2025 at 1:18 am, by
New Zealand’s services sector remains in contraction, with modest improvements signaling delayed economic recovery ahead.
Following Trump’s 30% tariff threat, US equity index futures fell approximately 0.5% in pre-market trading
Written on July 14, 2025 at 12:48 am, by
US equity futures fall 0.5% after Trump’s EU, Mexico tariffs; EU plans response ahead of August.
