Monthly Archives: August 2025
Evergrande’s delisting in Hong Kong marks its demise, reflecting the property giant’s financial collapse and turmoil
Written on August 24, 2025 at 11:59 pm, by
China Evergrande delisted after debt crisis; founder faces penalties amid sweeping impact on China’s property market.
Starbucks will reduce U.S. coffee plant operations to five days weekly as demand declines
Written on August 24, 2025 at 11:58 pm, by
Starbucks cuts production to five days, caps raises, aiming to reduce costs amid declining U.S. demand.
Retail sales in New Zealand rose 0.5% quarterly and 2.3% annually, indicating modest growth
Written on August 24, 2025 at 11:29 pm, by
New Zealand’s retail sales rose 0.5% in Q2 2025, surpassing expectations, with minimal currency impact.
In Maryland, the first human case of screwworm raises concerns for livestock markets and cattle industries
Written on August 24, 2025 at 11:28 pm, by
First U.S. screwworm case confirmed in Maryland, alarming livestock industry amid rising market and outbreak fears.
Musalem emphasised the need for more data, highlighting inflation risks before a potential rate cut
Written on August 24, 2025 at 10:59 pm, by
St. Louis Fed’s Musalem urges patience on rate cut, citing persistent inflation and pending employment data.
US equity index futures show slight gains initially before retreating after a recent surge
Written on August 24, 2025 at 10:59 pm, by
US futures inch up after Friday surge; EURUSD dips; Fed cautious on cuts; ECB faces industry pressure.
Antonio Tajani urged reduced rates, QE, and better SME credit to enhance European industrial competitiveness
Written on August 24, 2025 at 10:29 pm, by
Tajani urges ECB to cut interest rates, revive bond-buying, and boost SME credit access amid stagnation.
Nagel highlighted that high rates remain likely, citing economic balance and stressed central bank independence
Written on August 24, 2025 at 10:28 pm, by
ECB’s Nagel signals no further rate cuts, citing stable inflation and stressing central bank independence amid pressures.
Lagarde praised Europe’s labour market resilience amid falling inflation, with employment rising 4.1% since 2021
Written on August 24, 2025 at 9:59 pm, by
Europe’s labour market remains resilient amid inflation, with strong job growth, aided by easing costs and technology.
Ursula von der Leyen supported the EU-US trade agreement, emphasising its advantages for European exporters
Written on August 24, 2025 at 9:58 pm, by
Von der Leyen backs EU-U.S. trade deal, citing stability, better market access, and avoiding global tensions.
