JD.com reported a 2.9 per cent drop in second-quarter net revenue to 346.4 billion yuan, surpassing analyst estimates due to core retail profitability and narrowing losses in new ventures.
China's passenger vehicle market is projected for its worst year since 2021, with sales forecast to decline 14% in 2026 due to falling consumer demand, rising fuel costs, and reduced NEV subsidies. Intense competition and shrinking profit margins are expected to consolidate the market into fewer major players by 2030.
Indian consumer demand is unexpectedly strong, with auto sales exceeding expectations for both traditional and electric vehicles. Exports, especially in two-wheelers, are a major growth factor. Fund manager Sachin Relekar is bullish on financials and auto OEMs with strong product cycles, but cautious on IT.
Uzbekistan is experiencing a rapid increase in digital payments, with 71.17% of consumers expected to use them by 2025, up from 39% in 2021. This growth, driven by policy and technology, is transforming the financial sector, expanding access to banking services, and influencing areas like lending and investment, despite ongoing challenges in infrastructure and regulation.
Global markets operator Cboe has launched its first predictions market product, featuring binary option contracts based on the Mini-S&P 500 Index. This move taps into the growing consumer demand for speculating on real-world events, with platforms like Kalshi and Polymarket seeing significant trading volume increases.
Bitcoin's price will be tested by a series of macroeconomic events, including the release of CPI and PPI data, the nomination of Kevin Warsh as Fed chair, and a meeting between Trump and Xi Jinping.
Bitcoin faces 2026's densest macro test as CPI, Warsh, and Trump-Xi collide This week (May 11-15) has a credible claim to being the most consequential macro window of 2026 so far, as it compresses every channel currently driving risk assets into a single sequence. Inflation, producer costs, consumer demand, Fed liquidity, central bank leadership, trade […] The post This week Bitcoin faces as a new fed chair colliding with inflation in its biggest macro test of the year appeared first on CryptoSlate.
Beijing’s tighter oversight of vicious price competition in the automotive sector is expected to increase borrowing pressure on mainland carmakers and accelerate the exit of weaker, debt-laden players amid softening consumer demand, according to S&P Global Ratings. The warning is likely to deepen bearish sentiment surrounding mainland China’s more than 100 car assemblers, many of which have been at the forefront of global electric vehicle (EV) technology and production. “Financially fragile...
Constellation Brands beat Q4 earnings expectations but withdrew its fiscal 2028 outlook, citing economic uncertainty and cautious consumer spending. The company expects current headwinds to be cyclical.
