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China’s retail sales disappoint as stimulus fails to spur demand; industrial output defies tariffs

Industrial output grew 6.1% in April, stronger than analysts’ expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced.

Published 19 May 2025
Categorised as Finance News

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

Industrial output grew 6.1% in April, stronger than analysts’ expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced.

Published 19 May 2025
Categorised as Finance News

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

Industrial output grew 6.1% in April, stronger than analysts’ expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced.

Published 19 May 2025
Categorised as Finance News

Cartier owner Richemont posts earnings beat as shoppers splurge on jewelry despite luxury slowdown

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.

Published 19 May 2025
Categorised as Finance News

Cartier owner Richemont posts earnings beat as shoppers splurge on jewelry despite luxury slowdown

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.

Published 19 May 2025
Categorised as Finance News

Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart’s CEO, who agreed to absorb some of the costs of Trump’s tariffs.

Published 18 May 2025
Categorised as Finance News

Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart’s CEO, who agreed to absorb some of the costs of Trump’s tariffs.

Published 18 May 2025
Categorised as Finance News

Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart’s CEO, who agreed to absorb some of the costs of Trump’s tariffs.

Published 18 May 2025
Categorised as Finance News

Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart’s CEO, who agreed to absorb some of the costs of Trump’s tariffs.

Published 18 May 2025
Categorised as Finance News

Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart’s CEO, who agreed to absorb some of the costs of Trump’s tariffs.

Published 18 May 2025
Categorised as Finance News

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