Daily Management Review
Economics

China’s July Performance: Slower Output, Tepid Spending and Tightening Credit

China’s economy posted a mixed and softer performance in July, with industrial production and retail spending both cooling and bank lending unexpectedly contracting, underscoring the fragile state of the post-pandemic recovery and the limits of earlier policy support. The latest monthly figures...

Domestic Reagent Surge Redefines China’s Pharma Supply Chain

China’s pharmaceutical sector is undergoing a noticeable transformation in its procurement strategies, with drugmakers and research institutions increasingly sourcing laboratory reagents from domestic suppliers rather than established international brands. This shift is being driven by a mix of...

Tariffs, Input Costs and the Inventory Cycle Push U.S. Producer Inflation Higher

U.S. producer prices surged in July as higher import levies, rising commodity costs and a tightening inventory cycle combined to lift wholesale inflation sharply. The monthly jump in the Producer Price Index marked one of the largest increases in recent years and signaled that cost pressures are...

Tariff Windfall Can’t Stop Red Ink: Why the U.S. Budget Deficit Swelled to $291 Billion in July

Federal finances produced a striking paradox in July: customs duties surged to one of their highest monthly tallies on record, yet the U.S. budget deficit still widened to $291 billion. The headline number was about 19% larger than the gap a year earlier, even after accounting for a calendar quirk...

Global Investors Pivot from U.S. to Overseas Markets Amid Better Value and Stability

Global money managers are pulling billions out of U.S. equities and redeploying it into overseas markets at a speed not seen in years. The exodus is being fuelled by sky-high American valuations, slowing economic momentum, and a U.S. dollar in retreat—while Europe, Asia, and Latin America deliver...

China postpones export controls for 28 US companies for 90 days

The Chinese Ministry of Commerce announced that China has paused export restrictions for 28 US firms for three months, following the agreements made during trade discussions between the nations. The ministry stated in a release that to execute the agreement made during the high-level economic and...

Markets Turn Cautious as Tariff Decisions and Geopolitical Summits Loom

Global markets opened the week under a cloud of caution as investors braced for a raft of trade tariff decisions and high-stakes geopolitical meetings slated for the coming days. Risk appetite was muted across equities, while bond yields and currency markets signalled a market grappling with...

Rising Nationalism and Trade Friction with Trump Tariffs Fuel Calls in India to Shun U.S. Brands

Across India, a rising drumbeat urging consumers to avoid American-made goods has moved beyond online sloganeering to small street demonstrations and coordinated social campaigns, reflecting a mix of economic grievance, political signaling and growing nationalist sentiment. Retail chains,...

Japan pares back growth outlook as tariff shock, weak consumption and investment chill recovery

Japan’s government has downgraded its growth forecast for the current fiscal year, trimming its outlook as a convergence of external shocks and domestic pressures undermines a fragile rebound. Officials cited a sharper-than-expected hit to exports from trade frictions, cooling capital expenditure...

Germany’s factories slump back to pandemic-era output as demand, tariffs and competition bite

Germany’s industrial production slid back to levels not seen since the first coronavirus wave in 2020, a fresh signal that Europe’s largest economy is wrestling with a damaging mix of weak overseas demand, rising global competition and policy uncertainty. The month-on-month fall in June deepened a...
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