Recap – Japan Q1 capex jumps 6.4%, offering domestic support despite GDP dip
Japanese corporate capital spending rose 6.4% year-on-year in Q1, rebounding from a slight decline in Q4 and suggesting resilient domestic demand despite broader economic challenges. The Ministry of Finance data released Monday shows capital expenditure grew 1.6% on a seasonally adjusted quarterly basis, helping offset weak consumption and exports that led to a preliminary 0.7% […]
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BoJ confirms loss provision on bonds transactions was 100% for fiscal 2024
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Trump Burger grows popular with supporters, gets critiqued by critics
President Donald Trump and Elon Musk reflect on the growth of DOGE as Musk departs from his position in the department in wide-ranging press conference A new burger chain themed around President Donald Trump is growing in Texas, and those who don’t vocally support him find it to be in poor taste. A Lebanese immigrant […]
Melbourne Institute Australian headline monthly inflation gauge biggest drop in 33 months
A couple of data points from Australia for May 2025: ANZ Job Advertisements -1.2% m/m prior -0.3% Melbourne Institute Australian headline monthly inflation gauge -0.4% m/m in May biggest fall in 33 months and 2.6% y/y (from 3.3% in April) Trimmed mean: -0.3% m/m (biggest fall in three years) 2.8% y/y (from 3.3% in April) […]
Japan tariff negotiator Akazawa to visit US for tariff talks for 4 days from Thursday
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Japan Jibun bank PMI manufacturing, final for May 2025 49.4 (prior 48.7)
Japan Jibun Bank PMI Manufacturing (final ) for May 2025 49.4, confirming an 11th consecutive month of contraction for the sector preliminary 49.0 prior 48.7 Japan’s manufacturing sector edged closer to stabilisation in May, according to the latest survey from S&P Global, which showed milder declines in key indicators alongside a notable uptick in employment. […]
Paul McCartney Runs Into Steven Tyler in NYC, on Video
Paul McCartney ‘Come Together’ with Me, Steven Tyler … Runs Into Fellow Legend on Street! Published June 1, 2025 5:45 PM PDT Play video content TMZ.com Paul McCartney & Steven Tyler run into each other in the Big Apple … no, it’s not the beginning of a hilarious joke — it happened for real this […]
More from Fed’s Waller, says doesn’t see how tariffs would create persistent inflation
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Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
‘The Big Money Show’ panel discusses U.S.- China trade talks after Treasury Secretary Scott Bessent said negotiations stalled. President Donald Trump on Sunday said if the courts rule against the administration’s sweeping tariffs, it would mean the “economic ruination” of the country. The post comes after the U.S. Court of International Trade (CIT) ruled unanimously […]
