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Global News
28/08/2025
Good Evening
Global News Headline, Compiled by *RUDRA SHARES*
Thursday, 28 August 2025
*India*
•Indian Industrial Output Accelerates
*Belgium*
•Inflation Hits 18-Month Low
*South Africa*
•PPI Inflation Quickens to Near 1-Year High
*Montenegro*
Trade Deficit Posts Historical High
*Cyprus*
•Industrial Output Growth Slows Further in June
*Slovenia*
•Retail Sales Fall in July
*Zambia*
•Inflation Rate Approaches 2-Year Low
*Iceland*
•Inflation Slows to Three-Month Low in August
*Euro Area*
•Consumer Morale Confirmed at 4-Month Low
*France*
•10-Year Bond Yield Eases But Risks Persist
•Latest Budget Crisis Poses Risk to Defense Investment Pledges
*Philippines*
•Budget Deficit Narrows in July
•Central Bank Cuts Rate as Expected
*Switzerland*
•GDP Growth Confirmed at 0.1% in Q2
*Sweden*
•Consumer Confidence Improves in August
•Economic Tendency Indicator Rises to 6-Month High
*United Kingdom*
•Car Production Rises for 2nd Straight Month
*Turkey*
•Trade Deficit Smallest in 9 Months
*Hungary*
•Jobless Rate Steady at 4.3% in May-July
*Lithuania*
•Retail Sales Growth Hits 7-Month High
*Japan*
•Scraps U.S. Tariff Talks Trip Over Pending Issues
•Top Trade Negotiator Cancels Trip to U.S. over Trade Deal Issues
*Netherlands*
•Business Morale Improves to 5-Month High
*Thailand*
•Industrial Output Shrinks More than Expected
*Malaysia*
•Producer Prices Down 3.8% in July
*South Korea*
•Bank of Korea Raises GDP and Inflation Forecasts; Keeps Rates Unchanged
*China*
•Nvidia Rival Cambricon Adds to $40 Billion Rally with 4,000% Revenue Jump
•TikTok Owner ByteDance Sets Valuation at Over $330 Billion as Revenue Grows (Reuters)
*Canada*
•Canada Goose Draws Take-Private Interest Valuing it at $1.35 Billion as Bain Capital Weighs Exit
*United States*
•AI Adoption Linked to 13% Decline in Jobs for Young Workers (Stanford Study)
•Tesla Sales Plunge 40% in Europe as Chinese EV Rival BYD Triples
*Europe (Region)*
•Markets Decline; Energy Firm Drax Down 10% on Probe into Past Statements
*Asia-Pacific (Region)*
•Markets Trade Mixed as Investors Assess Bank of Korea Policy Decision
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