News
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China’s NBS: Economic performance in the first half of the year is stable, with steady progress
Following the publication of the high-impact China’s Gross Domestic Product (GDP) and activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Tuesday.Fxstreet
Tue, Jul 15
Australia PM Albanese to discuss trade, security in meeting with China's Xi
By Lewis Jackson BEIJING, July 15 (Reuters) - Australian Prime Minister Anthony Albanese is expected to meet with Chinese President Xi Jinping and Premier Li Qiang in Beijing on Tuesday, where he said resources trade, energy transition and security tensions are key topics for discussion. Albanese...Reuters
Tue, Jul 15
China's June factory output beat f'cast, retail sales slow
BEIJING, July 15 (Reuters) - China's industrial output grew 6.8% year-on-year in June, quickening from the 5.8% pace in May and beating forecasts, but retail sales growth slowed down, official data showed on Tuesday.The industrial output data, released by the National Bureau of Statistics (NBS),...Reuters
Tue, Jul 15
China’s economy expands 5.2% YoY in Q2 2025 vs. 5.1% expected
China’s economy expanded at an annual rate of 5.2% in the second quarter (Q2) of 2025, compared to a 5.4% growth in the first quarter, the official data published by the National Bureau of Statistics (NBS) showed on Tuesday. Data beat the market forecast of 5.1% in the reported period.Fxstreet
Tue, Jul 15
China's Q2 GDP grows 5.2% y/y, above market forecast
BEIJING, July 15 (Reuters) - China's economy grew 5.2% in the second quarter from a year earlier, official data showed on Tuesday, beating analysts' expectations by a touch and showing resilience in the face of U.S. tariffs. Analysts polled by Reuters had forecast second-quarter gross domes...Reuters
Tue, Jul 15
China's property investment falls 11.2% y/y in January-June
BEIJING, July 15 (Reuters) - Property investment in China declined 11.2% in the first half of the year from the same period last year, after slumping 10.7% in January-May, official data showed on Tuesday. Property sales by floor area fell 3.5% year-on-year, compared with a 2.9% drop in the first fiv...Reuters
Tue, Jul 15
EU threatens retaliatory tariffs for US goods after Trump’s surprise 30% tariffs - WSJ
The European Union (EU) is preparing tariffs on US goods, including aircraft, alcohol, coffee, and medical devices worth 72 billion euros ($84 billion) in case no trade deal is reached by August 1, per the Wall Street Journal.Fxstreet
Tue, Jul 15
US President Donald Trump threatens 100% Russia Tariffs - Bloomberg
US President Donald Trump late Monday threatened to impose 100% tariffs” on Russia if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days, per Bloomberg. Trump added that the levies would come in the form of “secondary tariffs,” without providing details.Fxstreet
Tue, Jul 15
China's economy set to slow in Q2 as pressure from US tariffs mounts
BEIJING, July 15 (Reuters) - China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.Reuters
Tue, Jul 15
Japan 10-year Government Bond Yields climb to peak since 2008
Japan 10-year Government Bond Yields (JGB) climbed to near 1.59%, the highest since 2008, in Tuesday’s early Asian session. Traders brace for a potential power shift in upper house elections this weekend that could accelerate fiscal spending and drive super-long bond yields higher.Fxstreet
Tue, Jul 15
Japan and EU to issue joint statement on economic partnership
Japan and the European Union (EU) plan to issue a joint statement aimed at deepening their economic partnership, with a particular focus on trade, advanced technology, and greater supply chain coordination, per Japanese media Yomiuri.Fxstreet
Mon, Jul 14
Global EV sales jump 24% in June though North American market struggles, research firm says
By Alessandro Parodi July 15 (Reuters) - Global sales of electric and plug-in hybrid vehicles jumped 24% in June from a year ago, as a switch to electric vehicles maintained momentum in China and Europe, market research firm Rho Motion said on Tuesday.Still, EV sales in the United States were dow...Reuters
Mon, Jul 14
