Singapore's Gold Rush: Safe-Haven Demand Drives Record Sales Amid Global Uncertainty
Singapore witnesses a 35% surge in gold demand, driven by safe-haven seeking investors amid global uncertainty, while jewelry sales decline due to high prices.
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April Sees a Dip in US Small Business Optimism: NFIB Report Highlights Concerns
The NFIB reports a 1.6-point drop in the Small Business Optimism Index for April, signaling concerns among US small business owners. Further analysis is awaited to uncover the reas...
BoE's Chief Economist Warns of Persistent Inflation Risks and Structural Economic Shifts
Bank of England Chief Economist Huw Pill warns of second-round inflation effects and structural changes in price and wage setting, indicating a need for persistent monetary policy ...
German Economic Optimism Soars in May: A Surprising Turnaround Signals Hope
The German economic sentiment has unexpectedly improved in May, raising hopes and questions about the future of Europe's largest economy and its impact globally.
ECB's Gabriel Makhlouf Warns of Prolonged Uncertainty Amid Trade Wars and Geoeconomic Fragmentation
ECB's Gabriel Makhlouf warns of prolonged uncertainty due to trade wars and geoeconomic fragmentation, stressing the need for careful monetary policy calibration to safeguard the E...
UK Unemployment Rises to 4.5% in Q1 2025: A Closer Look at the Economic Shifts
The UK's unemployment rate increased to 4.5% in Q1 2025, with employment rates stable but job vacancies declining. Wage growth showed positive trends, with significant increases in...
BoJ's Uchida Warns: US Tariffs Pose Dual Risks to Japan's Economy and Prices
BoJ Deputy Governor Shinichi Uchida discusses the dual risks US tariffs pose to Japan's economy, highlighting potential price increases and slowed growth. He also notes flat inflat...
BOK Clarifies Governor's QE Comments After Sparking Market Turmoil and Economic Concerns
The Bank of Korea addresses market concerns after Governor Rhee Chang-yong's comments on quantitative easing spark volatility, clarifying the central bank's stance to stabilize fin...
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