Japan Factory Activity Contracts at Fastest Pace Since 2024
Automotive and chip demand slump weighs on PMI
Japan’s manufacturing sector contracted sharply in October, with the S&P Global Manufacturing PMI falling to 48.2, its...
China Pledges to Resume U.S. Soybean Imports
Three-year commitment aims to restore lost trade ties
China has committed to return its U.S. soybean purchases to regular levels over the next three years,...
Australia’s Jobless Rate Hits 4-Year High at 4.5%
Surprise spike fuels rate cut hopes for November
Australia’s unemployment rate jumped to 4.5% in September, the highest since November 2021, according to data released...
Trump’s Tariffs Could Cost Global Businesses $1.2 Trillion
New S&P Global analysis shows consumers will bear most of the burden
A new white paper from S&P Global estimates that President Donald Trump’s sweeping...
IMF Lifts U.S. and Global Growth Outlook for 2025
Tariffs weigh on trade but AI surge fuels resilience
The International Monetary Fund (IMF) raised its growth forecasts for both the U.S. and global economies,...