Daily Management Review
Economics

Asia factories hit by tariff shock and softer demand — what pushed activity down and what’s next

Manufacturing activity across much of Asia cooled sharply in recent months as global trade frictions, weakening external demand and supply-chain reconfigurations combined to sap orders, dent margins and force firms into belt-tightening. While China has shown pockets of resilience, private PMI...

US Federal Appeals Court Finds Most of Trump’s Tariff Program Exceeded Emergency Powers, Forcing Legal and Policy Rethink

A federal appeals court on Friday concluded that the bulk of the sweeping tariffs imposed during the Trump administration were outside the legal authority the president invoked, delivering a major judicial rebuke to a signature element of the administration’s economic strategy. While the levies...

Lula’s Calm Response to Washington’s 50% Tariff Shock: A Short History of Trade Friction and Strategic Restraint

Brazilian President Luiz Inácio Lula da Silva’s public posture — patient, measured, insistently open to talks — looks almost paradoxical given the jolting 50% tariffs the United States recently slapped on a broad swath of Brazilian exports. The measures, announced by the U.S. administration as a...

AI-led investment and tariff timing pushed U.S. Q2 growth higher, but durability remains unclear

The U.S. economy’s second-quarter growth picture brightened in the Commerce Department’s second estimate, which raised real GDP to a 3.3% annualized pace from an initial 3.0% reading. The upward revision reflected a mix of stronger business investment — notably in intellectual property tied to...

EU accepts tariff cuts on U.S. industrial goods to avert wider trade war and shore up economic stabilityThe European Commission’s move to remove tariffs on a broad swathe of U.S. industrial imports marks a strategic decision by the European Union to

The European Commission’s move to remove tariffs on a broad swathe of U.S. industrial imports marks a strategic decision by the European Union to prioritise economic stability and geopolitical de-escalation over short-term tariff protection. Brussels presented legislative proposals this week that...

Putin’s China visit aims to convert diplomacy into concrete trade gains in energy, agriculture and industry

President Vladimir Putin’s trip to China for the Shanghai Cooperation Organisation summit is being used by Moscow as a targeted push to arrest a slide in bilateral commerce and to convert high-level diplomatic warmth into tangible economic commitments. Russian officials have signalled that the...

India to boost Russian oil imports in September, prioritising cheap barrels even as U.S. penalties loom

India is forecast to increase purchases of Russian crude in September as refiners lock in discounted barrels offered amid logistic disruptions in Russia’s refining system. Traders and analysts working the region say preliminary purchase patterns point to a rise worth roughly 150,000–300,000 barrels...

Hyperscaler Capex and Efficiency Keep AI Boom Alive: Nvidia CEO

Nvidia’s chief executive, Jensen Huang, pushed back against market worries that the artificial intelligence investment surge may be ebbing, arguing on the company’s latest earnings call that the AI infrastructure wave remains in its early stages and will expand into a multi-trillion-dollar...

Power prices and policy frictions blocking Britain’s net-zero drive

Britain’s ambition to reach net zero emissions by 2050 is being stalled not by a shortage of commitment but by a tangle of high industrial power bills, market mechanics that let gas set prices even when renewables supply most electricity, and policy choices that create perverse incentives for...

US companies buy back $1 trillion in stocks in record time in 2025

In 2025, US firms repurchased $1 trillion of their own shares in a record timeframe, according to MarketWatch, referencing specialists from Birinyi Associates. Birinyi, which examines the stock market, reported that the trillion-dollar threshold was surpassed on August 20. Throughout the year,...
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