Rightmove: UK asking prices hit record high but Britain enters buyer’s market

China’s economy hit a speed bump just before the U.S. paused its tariff hikes, with factory output growing slower than the previous month. The slowdown suggests the weight of those U.S. trade penalties was starting to bite—right as tensions were about to ease (at least temporarily).

What This Mean: This isn’t just about numbers on a spreadsheet—it shows how deeply intertwined the U.S. and Chinese economies are. When one side squeezes, the other feels it. The timing’s ironic: the slowdown peaked right before the tariff truce, hinting at how much those trade fights were hurting. For businesses and markets, it’s a reminder that these spats have real consequences, even if they cool off briefly.

Indian stock markets got off to a shaky start today, with both the Nifty50 and BSE Sensex dipping into the red. The Nifty hovered around the 25,000 mark, while the Sensex opened above 82,200 but still down over 100 points—not exactly the Monday boost investors were hoping for.

What This Mean: A weak opening for India's key indices signals caution among investors, possibly reflecting broader economic jitters or global market trends. For everyday folks, it’s a reminder that markets can be unpredictable—whether you're tracking investments or just keeping an eye on the economy’s health.

** Japan’s former defense minister, Shigeru Ishiba, is pushing back against calls for tax cuts financed by government borrowing, arguing it’s a risky move for the country’s already strained finances. He’s not against tax relief in principle but insists it should come from spending cuts or other sustainable sources—not more debt.

What This Mean: ** Japan’s economy has been wrestling with sluggish growth and massive public debt for years. Ishiba’s stance highlights a growing debate over how to balance stimulus with fiscal responsibility—something many countries are grappling with post-pandemic. If Japan keeps adding debt, it could spook investors or limit future policy options, so this isn’t just an abstract budget debate.

** Nvidia, the tech giant known for its powerful AI chips, is reportedly in discussions to invest in PsiQuantum, a quantum computing startup. This move signals Nvidia’s growing interest in the quantum sector, potentially positioning it to play a key role in the development of next-generation computing technology.

What This Mean: ** Quantum computing is still in its early days, but it’s seen as the future of high-performance computing—capable of solving problems even today’s fastest supercomputers can’t crack. If Nvidia jumps in, it could accelerate progress by bringing its AI expertise and deep pockets to the table. For tech watchers, this is a big deal because it shows how major players are betting on quantum to shape computing’s next frontier.

** A key House committee has greenlit the Trump-era tax bill, paving the way for a full vote later this week. This move signals momentum for the legislation, though its fate still hinges on broader congressional support.

What This Mean: ** Tax bills don’t usually make headlines unless they’re controversial or directly impact wallets. This one’s a reminder that old policy debates—like those around Trump’s tax cuts—aren’t fully settled. Whether you love or hate the bill, its progress could shape everything from corporate budgets to your paycheck. Worth keeping an eye on.