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India's services growth picks up in August but stays near four-year low, PMI showsIndia's services sector saw a slight acceleration in August, though new business growth remained subdued. Overall activity stayed near its ...
India manufacturing PMI falls to 5-year low in August as demand weakensIndian manufacturing faced its lowest growth rate in five years during August, characterized by a slowdown in output and new orders amid di...
India's factory growth at five-year low in August on weakening demand, PMI showsIndia’s manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employme...
Global Market: China’s property crisis deepens as Evergrande founder gets life sentenceChina’s property crisis deepened despite Evergrande founder Hui Ka Yan receiving a life sentence. Falling home prices, unfinished projects,...
Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
Euro zone business activity growth hits highest since November: PMIEuro zone business activity grew fastest this year in August. Stronger new orders, particularly in manufacturing, boosted this growth. Expo...
He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...
Charting the Global Economy: US CPI softens, UK economy expandsUS inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...
Trump promised a sex-trafficking crackdown. His Justice Department hasn't deliveredFederal sex trafficking prosecutions have significantly declined in recent months. Staffing shortages and funding cuts have hampered invest...
Global Market Today: Asian stocks rise as rate hike bets ease, oil dipsAsian equities rallied as easing inflation in the United States reduced fears surrounding interest rate hikes. The MSCI Asia Pacific Index ...
India's services growth slows to 4½-year low in July as demand weakensIndia's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international ...
Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
Global Market: China stocks rebound on AI, chip rally; Hong Kong shares slipChinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technolo...
Manufacturing activity hits 5-year low as growth of new orders slowsThe HSBC Purchasing Managers' Index, compiled by S&P Global, fell to 53.5 in July from 54.2 in June and 59.1 a year earlier. A reading abov...
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
India's July factory growth near five-year low on weaker demand, PMI showsIndia's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for ...
Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI modelChinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong's technology s...
Global Market: China's central bank vows timely policy adjustments, backs panda bond marketChina's central bank has pledged to adjust its monetary policy tools in a timely manner while maintaining an appropriately loose policy sta...
China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...