BUSINESS

Nvidia’s Soaring Success: AI - Driven Dominance Faces Regulatory and Competitive Headwinds

Economic News

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UK House Prices Stabilize; Corporate Investment Shifts Toward Britain

Economic News

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Tesla’s Growth Trajectory: Triumphs, Challenges, and Bold Bets on the Future

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Meta’s Dual Path: Sustaining Social Dominance While Navigating Metaverse and AI Transitions

Economic News

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Japan's Real Wages See Steepest Drop in 20 Months, Straining Consumption Recovery
A core contradiction has emerged in Japan’s economy: inflation-adjusted real wages plummeted 2.9% year-on-year in May (following a -2.0% decline in April), marking the sharpest drop in 20 months and extending a five-month streak of contraction. This was driven by persistent inflation—running at 4% when excluding fresh food but including rent costs—outpacing nominal wage growth, which slowed drastically to 1.0% (to ¥300,000) from 2.0% in April, hitting a 14-month low.
Economic News
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RBNZ Likely to Pause Rate Cuts This Week; Economic Outlook Faces Pressures
New Zealand’s Reserve Bank (RBNZ) is expected to keep the Official Cash Rate (OCR) unchanged at 3.25% on July 10, pausing its streak of six consecutive rate cuts since August 2024. Market expectations for a cut this week stand at just 15%, though most forecasts anticipate 25–50 basis points of easing by November. ANZ Bank holds a differing view, assigning a 40% probability of a cut and projecting cumulative 75 basis points of reductions by February 2025, bringing the OCR to 2.5%.
Economic News
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TSMC’s Technological Prowess: Navigating Geopolitics While Defending Chipmaking Supremacy
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chip foundry, dominates the global semiconductor industry with its mastery of advanced manufacturing processes below 7nm. Counting tech titans like Apple and NVIDIA among its clients, TSMC’s cutting - edge capabilities underpin the development of smartphones, AI accelerators, and other high - tech products. However, escalating geopolitical tensions have forced the company to expand production facilities in the United States and Japan, posing new challenges to its bottom line.
Economic News
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Plummeting International Student Numbers in Australia Raise Labor Shortage Fears; RBA Rate Cut Imminent
Australia is grappling with a sharp decline in international students, triggering concerns over labor market gaps. As of April 2025, the total number of international students dropped to 794,000, a decrease of 300,000 from the end of 2024. New enrollments plummeted 13% year-on-year to 219,000, while visa applications fell by over 30%. This is largely attributed to successive policy tightenings: visa fees were hiked twice in a year (from A$710 to A$1,600, then to A$2,000); English proficiency and financial proof requirements were raised
Economic News
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Australian Shares Edge Lower Ahead of RBA Decision; Tariff Clouds Linger
Australia’s stock market pulled back from record highs on July 7, with the S&P/ASX 200 slipping 0.16% to 8,589.3 and the All Ordinaries Index down 0.18% to 8,826.4. The decline followed confirmation that U.S. tariffs on multiple nations will take effect August 1—later than the previously expected July 10—with the U.S. Commerce Secretary stating "take-it-or-leave-it" tariff notices had been sent to over a dozen countries, stoking trade uncertainty.
Economic News
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German Industrial Orders Drop More Than Expected, Clouding Euro Zone Recovery
Germany’s industrial orders fell unexpectedly by 1.4% month-on-month in May, far exceeding the market’s projected 0.1% decline and ending a three-month recovery streak. Weak domestic demand emerged as the primary drag: domestic orders plummeted 7.8%, with the computer and electronics sector crashing 17.7%, while electrical equipment and basic metals industries also contracted.
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Bitcoin Hits New All-Time High of $118,804.6, Driven by Policy Shifts and Institutional Inflows
Bitcoin surged to a historic peak of $118,804.6 per coin on July 11, marking a 6.83% daily gain and breaking its previous record set in May 2025 . This milestone comes amid a confluence of geopolitical, regulatory, and market-driven factors reshaping the cryptocurrency landscape.
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Japan’s Spring Wage Hikes Hit New High, but Real Purchasing Power Shrinks; U.S. Tariff Standoff Looms
Japan’s 2025 "shunto" (spring wage negotiations) concluded with average pay hikes reaching 5.25%—equivalent to ¥16,356 per month—marking the second consecutive year of 5%-plus increases. Small and medium enterprises (SMEs) offered 4.65% raises (¥12,361 monthly), up 0.2 percentage points from 2024 but still lagging far behind large corporations. The Japanese Trade Union Confederation noted that while wage gains expanded, SMEs failing to hit the 5% threshold widened income disparities.
Economic News
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New Zealand Household Savings Deteriorate Further; Housing Market Shows Uneven Recovery
New Zealand’s household savings situation continued to worsen in the first quarter of 2025, with Statistics New Zealand data showing savings falling to -NZ$1.6 billion (a NZ$392 million quarterly decline), marking the third consecutive quarter of negative savings. This was driven by household spending growth (+2.2% to NZ$62.2 billion) outpacing disposable income gains (+1.5% to NZ$60.6 billion).
Economic News
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Australia’s May Household Spending Rebounds, Strengthening Rate Cut Expectations
Data from the Australian Bureau of Statistics (ABS) released on July 4 showed that household spending rose 0.9% month-on-month in May, far exceeding the expected 0.5% increase. This ended a three-month period of weakness, with the annual growth rate climbing to 4.2%.
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Electricity costs reduced by 25% as Thailand works to boost data center industry
Electricity costs reduced by 25% as Thailand works to boost data center industry
Economic News
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Australia Officials Announce Heavyweight Decision: Not to Continue!
Australia Officials Announce Heavyweight Decision: Not to Continue!
Economic News
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SkySpecs raised $20 million for its renewable energy asset health management
SkySpecs raised $20 million for its renewable energy asset health management
Economic News
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UK Retailers in Cost Quagmire as Inflation Worsens and Statistical Reform Looms
The UK retail industry is facing a tough situation as inflationary pressures intensify and statistical reforms are on the horizon. On April 29th, data showed that the inflation rate of grocery prices in the UK climbed to 3.8% (Kantar data), and the food inflation rate reached 2.6% (BRC data), hitting a one - year high. The retail sector is burdened by three major pressures. Firstly, the packaging tax that comes into effect in October will increase the costs of enterprises. Secondly, the Employment Rights Act may lead to more than half of the enterprises scaling back their recruitment.
Economic News
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UK Stocks Surge for 12 Consecutive Days, Led by Financial Sector, Cryptocurrency Regulation Launched
The UK stock market has witnessed an impressive rally recently. On April 29th, the FTSE 100 index rose 0.6%, achieving a 12 - day winning streak, the longest in five years. Meanwhile, the mid - cap index has climbed for five consecutive days. The financial sector, which saw a 1.9% increase, was the main driver of this upward trend. HSBC Holdings, with a 2.6% gain, led the blue - chips. It benefited from its better - than - expected Q1 profits and a $3 - billion share - buyback plan.
Economic News
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China - Australia Trade Recovery Drives Growth in Australian Wine and Lamb Exports
In the year to March 2025, the recovery of China - Australia trade has brought good news to the Australian wine and lamb industries. The export value of Australian wine to China has soared by 1.01 billion Australian dollars to 1.03 billion Australian dollars. The return of leading wine companies such as Treasury Wine Estates has been the key driving force, leading to a 41% increase in the total export value of Australian wine to 2.64 billion Australian dollars.
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Japan Considers Easing Import Car Reviews in Bid for Tariff Exemption as US-Japan Tariff Tussle Escalates
On April 29, it was learned that the Japanese government is planning to expand the "Special Treatment System for Imported Automobiles (PHP)". The annual exemption quota for each vehicle model will be increased from 5,000 units. This move is aimed at defusing the US accusation of "non - tariff barriers" against Japan. It is intended to provide bargaining chips for the second round of US - Japan trade negotiations that will kick off on the 30th.
Economic News
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Australia's Exports to US Surge, Reversing Trade Deficit
In the three months to March 2025, Australia's merchandise exports to the US surged more than three - fold year - on - year to A $16.7 billion, creating a trade surplus of A $4.1 billion and reversing a deficit of A $6.2 billion in the same period last year. Driven by the hedging demand triggered by Trump's tariff policies, the export of gold has become a key driving force
Economic News
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Japan's Economy Faces Double Pressure: Manufacturing Contraction and Halted Central Bank Policy Shift
Japan's manufacturing sector has been in a continuous slump, with the PMI remaining below the boom - bust line for 10 consecutive months. In April, it recorded 48.7, and the new orders index saw its largest decline in 14 months. Weak demand from China, the US, and Europe, along with US tariff shocks, have significantly hit core export categories such as automobiles and semiconductors.
Economic News
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New Zealand's Housing Loan Risks Accumulate Despite Interest Rate Cuts
Despite the Reserve Bank of New Zealand initiating an interest - rate - cutting cycle in August 2024 and the continuous decline in mortgage rates, risks in the housing loan sector are steadily mounting. As of March 2025, the total amount of non - performing housing loans reached NZ$2.412 billion, an increase of NZ$249 million (11.5%) from the beginning of the year.
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