China: Industrial Production Growth Slowed to 5.7% YoY in July Industrial Production (July 2025): YoY: +5.7% (forecast +6.0%; previous value +6.8%) Year-to-date (YoY): +6.3% (previous value +6.4%) According to CNBC, China's economic growth slowed in July, with retail sales and industrial production figures falling short of analysts' expectations. China: Industrial Production in July Below Forecast — Risk Assessment and Implications for Markets Key Data Industrial Production (July): +5.7% YoY (expected +6.0%; previous value +6.8%). Industrial Production Year-to-Date: +6.3% YoY (previous +6.4%). Retail Sales: performance weaker than expected, indicating sluggish domestic demand. The Chinese economy ...

... plans. There are risks that the IPO plans may be revised. A company might delay or entirely abandon its IPO for various reasons (economic, strategic, regulatory). This denies the investor the anticipated premium associated with public status and may force ... ... issuers. Limited transparency makes accurate business valuation difficult. Investors will have to rely on the company’s internal data and their analytical conclusions, increasing the risk of mispricing. Macroeconomic and regulatory risks. The state of the ...

... potential supply growth from Venezuela have emerged: the largest American company received the right to resume production there, which could add over 200,000 barrels per day to the market in the future. The increase in supply, coupled with risks of a global economic slowdown, creates a "cooling" effect on prices: despite short-term attempts for Brent to exceed $70, the market reacts cautiously to the surplus of raw materials. Additional support for oil prices is provided by data from the U.S. In the latest reporting week, commercial oil inventories in the U.S. decreased more than expected, indicating robust demand and preventing sharp price declines. At the same time, expectations of easing monetary policy in the largest ...

... 1H2025: Net Profit Growth and High Profitability Russia's largest bank, Sber (Public Joint Stock Company Sberbank), has released its interim consolidated income statement in accordance with IFRS for the first half of 2025. According to the published data, the bank's net profit amounted to 859 billion rubles, a 5.3% increase compared to the previous year, with a return on equity (ROE) of 23.7%. For investors from the CIS countries, these financial results confirm the bank's resilience under current economic conditions. Below, we analyze key aspects of the report that are of interest to market participants. Net Profit Growth and Earnings Per Share Sber's net profit for the first half of 2025 reached 859 billion rubles, marking a 5.3% year-on-year ...

... neighboring countries to develop their own startup ecosystems, aligned with global venture trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others (target amount – 12 billion ... .... Local startups are striving to enter global value chains, leveraging their strengths in advanced technology areas (AI, Big Data, and others). Conclusions: Cautious Optimism and Quality Growth By the beginning of August 2025, sentiments in the venture ...