U.S. Shutdown Risks $14B GDP Loss as Stalemate Drags On
A prolonged U.S. government shutdown threatens $14B in permanent GDP losses, with ripple effects across global markets, warns a Congressional Budget Office report.
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U.S. Fed Cuts Interest Rates: Implications for Asian Markets
The U.S. Federal Reserve cuts interest rates for the first time since 2024, sparking analysis on Asia’s economic outlook and market responses.
Global Trade Rises $300B in H1 2025 Amid Uncertain Outlook
UNCTAD reports global trade grew by $300 billion in H1 2025, driven by services and price hikes, but faces risks from tariffs and economic uncertainty.
Hong Kong’s Financial System Stable Amid U.S. Trade Tensions: HKMA Official
Hong Kong’s monetary authority reports stable financial operations despite global trade tensions, citing robust safeguards amid market volatility.