Tag: july
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US trade gap in July hits biggest in over a year on AI buildout
WASHINGTON: The US trade deficit in July widened to its largest since March 2025, government data showed Thursday (Sep 3), as imports climbed on the back of the booming AI tech build-out.US trade has seen wide fluctuations since President Donald Trump returned to the White House last year and rolled out sweep
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Japan’s corporate services inflation accelerates in July
TOKYO, Aug 26 : A key gauge of Japan’s service-sector inflation rose 3.6 per cent in July from a year earlier, data showed on Wednesday, reinforcing the central bank’s view that a tight labour market is pushing firms to pass rising costs on to consumers.The increase in the services producer price index, which
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Thailand car production rises 6.1% on year in July
BANGKOK, Aug 25 : Car production in Thailand rose 6.12 per cent in July from a year earlier to 117,383 units, the Federation of Thai Industries said on Tuesday.• The reading follows a year-on-year fall of 7.55 per cent in June. The FTI has previously forecast a 3.33 per cent drop in car production for…
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A date on the calendar could shape the BOJ’s endgame on interest rates
TOKYO, Aug 21 : The Bank of Japan has set next year’s July policy meeting just in time for its two hawkish board members to vote before their five-year terms expire, a scheduling quirk that could prove crucial for how high Japanese interest rates may ultimately rise.Under a calendar of next year’s scheduled p
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Japan’s core inflation accelerates in July, bolsters case for rate hike
TOKYO, Aug 21 : Japan’s core consumer inflation accelerated in July from a year earlier as firms passed on rising import costs from a weak yen and the U.S.-Israeli war on Iran, data showed on Friday, bolstering the case for a rate hike from the central bank.The data will be among the factors the Bank…
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Trading Day: Can’t get no relief
ORLANDO, Florida, Aug 20 : That didn’t last long. U.S. bond yields rose on Thursday, retracing much of the previous day’s decline on Treasury’s surprise buyback announcement and pushing Wall Street to a two-week low. Another rise in oil prices, and a rare sales miss from retail giant Walmart also weighed heavily on
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Japan’s exports jump 23% to monthly record in July
TOKYO: Japan’s exports hit a monthly record in July, underscoring resilient global demand and offering support to an economy increasingly reliant on overseas shipments to counter weak domestic demand.Total exports by value rose 23.2 per cent year-on-year to a record 11.5 trillion yen (US$72.62 billion) in Jul
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China’s industrial output slows in July, retail sales miss forecasts
BEIJING: China’s industrial output growth slowed while retail sales grew less than expected in July, highlighting strains on the economy from weak domestic demand, extreme weather disruptions and the waning effect of state policies aimed at boosting consumption.The downbeat readings followed second-quarter gr
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US: 19 million eggs recalled over Salmonella risk
The US has issued a serious health warning over the recalled eggs, saying exposure to the potentially contaminated products could cause severe illness or death.
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Japan’s July core inflation seen at 1.8% on higher energy costs
TOKYO, Aug 14 : Japan’s core consumer inflation likely accelerated in July from the previous month, as faster food price gains and cost pressures on energy from the war in the Middle East pushed prices higher, a Reuters poll of economists showed. The data would likely reinforce market expectations of an inte
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