Economic NewsEconomic news，related to global economic dynamics, financial markets, trade policies,
In France, on May 3rd, Prime Minister Bérut stated that in order to defuse the social backlash caused by large - scale fiscal austerity, he is considering holding a referendum on the national budget, claiming that debt reduction is crucial for the "future of the country" and requires a decision from the entire population.more
Canada's Housing Demand Suppressed by Economic Recession Fears
Canada's housing market is facing a significant downturn as economic recession concerns weigh on potential homebuyers. A recent BMO survey reveals that 73% of would - be purchasers are adopting a wait - and - see attitude due to fears of an economic slump, a 13 - percentage - point increase compared to March.more
NZ's S&P/NZX 50 Index Rises to Near Two - Month High
On Monday, the S&P/NZX 50 benchmark index in New Zealand climbed 0.8% to 12,421 points, achieving a three - day winning streak and closing at a near two - month high. Driven by the strong performance of transportation - related stocks, this sector benefited from the alleviation of concerns about global supply chain disruptions against the backdrop of the easing of Sino - US trade relations.more
Canada's economic momentum slowed significantly in April. The Ivey Purchasing Managers' Index (PMI) plummeted from 51.3 in March to 47.9, falling below the boom - bust line for the first time since January. The employment sub - index has contracted for two consecutive months (48.0), and the cost pressure on enterprises has eased slightly (price - payment index 70.0). Meanwhile, the housing market in Toronto is also cooling down.more
US - UK Trade Agreement Nears, UK Auto Market in the Doldrums
The UK and the US are on the verge of finalizing a trade deal, according to British and American officials. This agreement, set to be signed this week, will offer lower tariff quotas for UK steel and car exports, shielding some British goods from the full impact of the 25% additional tariffs on steel and car imports imposed by Trump in February and March.more
Australia's Housing Market and Construction Industry Show Divergent Trends
In the first week of May, Australia's property market witnessed a remarkable rebound, with the national auction clearance rate soaring to 70.1%, a 5.9 - percentage - point increase from the previous month and reaching a two - year high. Melbourne led the way with a clearance rate of 74.4%, while Sydney also performed stronglymore
New Zealand's Agricultural Structure Undergoes Transformation
New Zealand's agricultural structure is in a state of continuous transformation, as revealed by the latest data from Statistics New Zealand. There is a distinct contrast between the shrinking scale of traditional animal husbandry and the expansion of high - value - added planting industries.more
The U.S. housing market is about to usher in a new era this weekend.
The U.S. housing market is about to usher in a new era this weekend.more
Huge change in China-U.S.-European relations, heavy U.S. news after heavy U.S. news
Huge change in China-U.S.-European relations, heavy U.S. news after heavy U.S. news, great informationmore
Thailand Puts Effort Into First Major Entertainment Complex - Royal Siam Haven
Thailand Puts Effort Into First Major Entertainment Complex - Royal Siam Havenmore
The Eurasian Economic Union is actively expanding its trade territory: it is exploring the establish
The Eurasian Economic Union is actively expanding its trade territory: it is exploring the establishment of a free trade zone with a number of countries.more