Global Economic Update
U.S. Economy Likely Stalls in Q1
Import stockpiling ahead of tariffs contributed to a probable contraction in U.S. GDP for the first quarter of 2025.
Read moreChina’s Factory Activity Contracts Sharply
China’s manufacturing PMI fell at its fastest clip in 16 months, reflecting weaker demand both domestically and abroad.
Read moreThailand Rate Cut Expected Today
The Bank of Thailand is widely anticipated to cut its key rate by 25 basis points to support a slowing economy.
Read moreFinancial Markets
SocGen Tops Q1 Forecasts
Societe Generale exceeded expectations as retail and equities trading rebounded strongly in the first quarter.
Read moreBarclays Raises Full-Year Guidance
Barclays reported a 19% rise in Q1 profits and lifted its income forecast, despite setting aside charges for potential tariff losses.
Read moreGeopolitical Developments
Ghana Orders Foreigners Out of Gold Market
To preserve local control, Ghana has mandated that foreign participants exit its gold trading market by month-end.
Read moreCanada Holds Federal Election
Canadians vote in a high-stakes election influenced by recent trade tensions with the U.S. and domestic economic concerns.
Read moreTechnology & Business
Siltronic Cuts Margin Guidance
German semiconductor producer Siltronic trimmed its profit margin target but upheld its full-year sales outlook.
Read moreMediaTek Stalls Full-Year Outlook
MediaTek said it cannot issue a full-year forecast due to ongoing tariff uncertainties affecting its supply chain.
Read moreCoca-Cola Manages Through Tariffs
Coca-Cola reported stronger-than-expected Q1 profits and stated it can absorb the impact of U.S. tariffs on its business.
Read moreRegional Highlight
Vietnam War 50th Anniversary Celebrations
Hundreds of thousands gathered in Vietnam to commemorate half a century since the end of the Vietnam War.
Read moreChina’s Export Orders Dip
New U.S. tariffs contributed to a decline in China’s export orders during April, signaling pressure on external demand.
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