Singapore’s gross domestic product (GDP) grew more than anticipated in the second quarter of 2025, bolstered by strong performances in key sectors. This unexpected surge highlights the resilience and momentum of the nation’s economy.

In a surprising turn, the U.S. labor market added a robust 147,000 jobs in June, exceeding expectations and signaling continued economic strength. The unemployment rate also ticked down unexpectedly, highlighting the resilience of the economy.

China’s industrial firms saw a modest profit increase in the first quarter, with cumulative profits rising 0.8% to 1.5 trillion yuan ($205.86 billion), despite ongoing US tariff challenges.