China’s Industrial Profits Soar 15.8% in March Despite Iran War Oil Shock, Showcasing Manufacturing Resilience
Despite soaring oil prices triggered by the US-Israel-Iran conflict disrupting the Strait of Hormuz, China’s industrial profits jumped 15.8% in March. Thanks to a diversified energy mix and strategic reserves, Chinese manufacturing has proven remarkably…
US Retail Sales Jump 1.7% in March 2026: Gasoline Spike Amid Iran Conflict Drives Gains, Trump’s Economic Approval Dips
March retail sales in the US surged beyond expectations, fueled by soaring gasoline prices linked to ongoing Iran tensions. However, real consumer spending faces pressure as inflation bites, while President Trump’s economic approval shows signs…
U.S. Consumer Economic Pessimism Hits Record Highs Amid Rising Market Anxiety
Recent polling reveals that 78% of Americans believe the economy is worsening—the highest rate since 1991. This deepening pessimism is unsettling stock and bond markets and weighing heavily on consumer confidence, especially in housing and…
China Exporters Raise Prices Amid Iran War Oil Shock, Stoking Global Inflation Fears
Chinese exporters are hiking prices for apparel, toys, and medical devices as oil-linked input costs surge due to the Iran conflict. This shift signals rising global inflation risks amid prolonged energy supply disruptions and strained…
US Mortgage Rates Nudge Up to 6.22%, Keeping Borrowing Costs Elevated
On April 22, the average 30-year fixed mortgage rate in the US ticked up slightly to 6.218%, despite weekly declines. Meanwhile, 15-year rates slipped further, highlighting how current economic and geopolitical factors continue to push…
Russia’s Oil Revenue Surge Can’t Mask Deepening Wartime Economic Woes
Amid Middle East tensions, Russia’s oil revenues have spiked by up to $150 million daily, but heavy war spending and sanctions keep dragging the economy down, with experts warning of hidden inflation and growing deficits.
Middle East War Spurs Alumina Surge to China, Lifting Production and Exports Amid Global Supply Crunch
China’s alumina imports hit a two-year peak in March 2026 as Middle East conflict halts shipments through the Strait of Hormuz. This rerouting is boosting China’s aluminum output and exports against a backdrop of global…
Singapore’s Export-Led Economy Faces Pressure from Global Fragmentation – Pivot to Resilience and New Markets
Amid US-China tensions and retreating globalization, Singapore’s export-driven model is under serious stress, prompting a strategic shift toward resilience and new growth avenues in the Middle East.
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