Asia’s factories squeezed as China’s nascent recovery teeters

On: 01/11/2023

Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23, 2019. REUTERS/Stringer/File Photo Acquire Licensing Rights China’s Oct private PMI marks first contraction since July Japan, South Korea continue to see factory activity slump Surveys underscoreContinue Reading

World shares struggle; yen slides after BOJ policy tweak

On: 31/10/2023

In: Finance

[1/2]The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo Acquire Licensing Rights European stocks up 0.3% after Asian peers lose ground Chinese data sparks worries over economy Japanese yen slides under 150 per dollar Some investors underwhelmed by BankContinue Reading

China factory activity unexpectedly shrinks in Oct, dents recovery momentum

On: 31/10/2023

In: Business

A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File Photo Acquire Licensing Rights Manufacturing PMI unexpectedly falls Non-manufacturing PMIContinue Reading

Wall St Week Ahead Frazzled U.S. stock investors eye frothy Treasury market as Fed looms

On: 28/10/2023

In: Business

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Oct 27 (Reuters) – Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employmentContinue Reading

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