Bank of England Governor Bailey said Federal Reserve Chair Kevin Warsh delivered a "substantive speech".

The US Bureau of Labor Statistics said on Friday job growth from early 2025 through early this year may be slightly weaker than previously reported. For the 12 months to March, total payroll additions may be about 79,000 fewer than earlier estimates. Private‑sector payrolls may be roughly 178,000 lower, with retail and wholesale trade showing the largest downward revisions. Healthcare, private education and professional & business services are also revised down. Transportation & warehousing and the information sector — the latter often seen as most exposed to AI — show increases versus prior reports. Federal, state and local government payrolls rose by about 99,000.

IDC reports Alibaba Cloud held a 13.5% share of China’s enterprise intelligent customer service market in 2025, ranking first for a third consecutive year. The market (software and services only) was 7.19 bln yuan in 2025, up 55.3% YoY; Alibaba Cloud's intelligent-customer-service revenue was 970 mln yuan, up 83.6%, materially outpacing the market.