Omdia data showed US PC shipments (excluding tablets) fell 7.0% year on year to 15.8 million units in Q1 2026, marking the biggest YoY decline since Q3 2023, according to 36Kr. Omdia attributed the downturn to sharp increases in PC memory and storage prices that constrained supply and raised costs…
Bank of England Governor Andrew Bailey said the BOE was on track to cut UK interest rates twice this year because of concerns about weak growth before the outbreak of the US-Iran war pushed up inflation, according to Bloomberg.
Amazon’s new transatlantic fiber-optic link is being viewed as a symbol of Ireland’s tech economy and AI ambitions, but it is also drawing attention to the country’s chronic lack of defense spending, according to Bloomberg.
The bad-loan ratio for Indian banks could start rising from multi-year lows through March 2028 and may worsen further if geopolitical risks intensify, according to Bloomberg.
Glenmede’s investment strategy leaders said investors should expect the U.S. unemployment rate in June to remain unchanged at 4.3%, with nonfarm payrolls rising by about 87,000.According to ChainCatcher, the forecast was provided by Jason Pride, head of investment strategy, and Michael Reynolds, vi…
According to Bloomberg, Asian equities edged lower as investors turned cautious after a rally in chipmakers and tech stocks helped propel them to their best quarter in 17 years. MSCI's regional equities gauge dropped 0.2%, snapping a two-day gain, with nine of 11 subgroups declining.Stocks in Japan…
China’s manufacturing sector capped its strongest quarter in almost six years, a private survey showed, even as growth eased slightly in June, according to Bloomberg.The gauge suggested the underlying economy remains fragile.
India’s proprietary trading firms are bracing for a funding squeeze from the Reserve Bank of India that could pressure returns from strategies including cash-futures arbitrage, options market making and index arbitrage, according to Bloomberg.
China’s manufacturing activity grew less than expected in June, according to Bloomberg.The survey result contrasted with an official gauge that showed an uptick, partly due to export strength.
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
By Megumi FujikawaTOKYO--Large Japanese companies became more optimistic about business conditions in the past quarter despite uncertainties over the Middle East conflict and energy supplies.Wednesday's release of the Bank of Japan's tankan survey showed that the index measuring sentiment among lar…
TOKYO (dpa-AFX) - Large manufacturing in Japan accelerated in the second quarter of 2026, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Wednesday with a diffusion index score of +22.That beat forecasts for +16 and was up from +17 in the previous three months.The outloo…
By James GlynnSYDNEY--The International Monetary Fund has called for higher interest rates in New Zealand to contain inflation, while admitting the economy has been hit hard by oil shocks.In its latest report card on the state of play in the South Pacific economy, the IMF said policy makers face di…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
By James GlynnSYDNEY--Australian house values recorded their largest monthly retreat since late 2022 in June, with the market responding to higher interest rates and tax changes announced in May that make property investment less appealing.Property research firm Cotality said Wednessday that its na…
CANBERA (dpa-AFX) - The Bank of Japan will on Monday release its quarterly Toankan Survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.The large manufacturers index is expected to show a score of +16, down from +17 in the previous three months. The outlook is se…
Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over sports betting.In a Tuesday filing in Suffolk County Superior Court, associate justice Peter Krupp allowed state authoritie…
