BOJ to cut growth forecast as US tariffs hit, sources say

The Bank of Japan plans to revise down its economic growth forecasts due to U.S. tariffs impacting Japan's recovery, while maintaining a cautious approach towards interest rate hikes.

UK inflation slows before expected jump from April

Morning Bid: Markets wobble over US-China wrangling

China unexpectedly anoints new trade negotiator amid US tariff war

New Zealand central bank’s budget to see 25% cut in coming year

New Zealand's central bank will cut its budget by 25% to NZ$150 million annually for five years, amid government austerity measures and increased operational efficiency.

Instant View: China’s Q1 economic growth beats estimates, but trade tensions cloud outlook

China's Q1 2023 GDP growth was 5.4%, exceeding expectations, amid U.S. trade war pressures, prompting calls for more stimulus to ensure economic stability.

DOGE attempted to assign team to US nonprofit group Vera Institute of Justice

Elon Musk's U.S. Department of Government Efficiency sought to assign a team to Vera Institute, revealing expansion of influence over nonprofits amid funding cuts by the Justice Department.

China’s March industrial output rises at faster pace in March

China's March industrial output rose 7.7%, surpassing forecasts; retail sales grew 5.9%, and fixed asset investment expanded by 4.2%, indicating economic resilience amid U.S. tariffs.

China’s Q1 GDP grows 5.4% y/y, beating expectations

China's economy grew 5.4% in Q1 2023, exceeding expectations, but a trade war with the U.S. raises concerns and pressures Beijing to implement stimulus measures.

Dollar fighting for footing as trade talks begin