China’s industrial firms reported stronger profit growth at the start of the second quarter, supported by rising energy prices and resilient overseas demand for technology products despite a broader economic slowdown.
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The unemployment rate edged up to 5.0%, with further rises expected in the coming months as the Iran war continues to weigh on the economy. […]
The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the central bank. Source link
Existing-home sales edged up 0.2%, well below economist expectations and extending the housing market’s long slump. Source link
