latest news in economy

Hong Kong's Stock Market Surges as Economic Recovery Takes Hold

Hong Kong's Stock Market Surges as Economic Recovery Takes Hold

Hong Kong, Friday, 4 July 2025.
In 2025, Hong Kong’s stock market experienced significant growth, with stamp duty income reaching US$3.78 billion. This surge highlights renewed investor confidence amidst earlier economic challenges.

U.S. Stocks Reach New Highs on Strong Job Market Performance

U.S. Stocks Reach New Highs on Strong Job Market Performance

New York, Friday, 4 July 2025.
On July 4, 2025, U.S. stocks hit record levels as the job market showed unexpected strength, suggesting robust consumer spending could support ongoing economic growth amid Federal Reserve’s policy considerations.

Generative AI and Community-Based Tourism Set for Exponential Growth by 2032

Generative AI and Community-Based Tourism Set for Exponential Growth by 2032

New York, Friday, 4 July 2025.
Generative AI in insurance is projected to grow to $14.4 billion by 2032, while community-based tourism will expand from $575.9 billion to $2,136.8 billion in the same period.

Green Ammonia Market on Track to Reach USD 5.9 Billion by 2031

Green Ammonia Market on Track to Reach USD 5.9 Billion by 2031

Global, Friday, 4 July 2025.
The global green ammonia market, valued at USD 0.2 billion in 2023, is projected to grow to USD 5.9 billion by 2031, fueled by investments in clean fuel technologies and a shift to sustainable energy.

Disaster Recovery Market to Hit $60.4 Billion by 2031 Driven by Cyber Threats

Disaster Recovery Market to Hit $60.4 Billion by 2031 Driven by Cyber Threats

Global, Friday, 4 July 2025.
The disaster recovery-as-a-service industry is growing at a 23.9% CAGR due to increased cyber-attacks and demand for data protection, poised to reach a valuation of USD 60.4 billion by 2031.

Trading Strategies to Maximize Gains in the Current Bull Market

Trading Strategies to Maximize Gains in the Current Bull Market

New York, Friday, 4 July 2025.
As markets soar, effective strategies such as risk management and insightful market analysis are crucial for traders to navigate the bull market, maximizing returns while managing potential risks.

Global DRAM Market Poised to Hit $10.2 Billion by 2032

Global DRAM Market Poised to Hit $10.2 Billion by 2032

Global, Saturday, 5 July 2025.
Predicted to grow at a CAGR of 5.4%, the DRAM market is driven by increased demand for cutting-edge memory solutions, with sectors like electronics and automotive leading the surge.

U.S. Job Growth Hits 15-Year Low in Early 2025

U.S. Job Growth Hits 15-Year Low in Early 2025

Washington, D.C., Thursday, 3 July 2025.
The U.S. saw the slowest job growth since 2010, with only 782,000 new positions in the first half of 2025. Questions loom over the economic recovery’s sustainability.

Vietnam Concerned Over 40% Tariff Proposal by Trump

Vietnam Concerned Over 40% Tariff Proposal by Trump

Hanoi, Thursday, 3 July 2025.
Vietnam expresses concern over Trump’s proposed 40% tariff on goods transshipped through the country, highlighting potential disruptions to its export-driven economy as U.S. trade policies shift.

US Economy Sees Unexpected Job Growth in June

US Economy Sees Unexpected Job Growth in June

Washington, Thursday, 3 July 2025.
In June, the US economy added 147,000 jobs, surpassing expectations of 110,000. The unemployment rate fell to 4.1%, underscoring the labor market’s resilience amidst uncertain economic policies.