Third Plenum News Today

A youth, who was allegedly upset because he was unemployed, allegedly committed suicide at his home in Game Shah Mohalla, Machhiwara. The deceased has been identified as 19-year-old Abhinash. His family members informed the police that Abhinash had passed Class VII and wanted to work, but could not find a job. Inquest proceedings have been initiated.

As China saw a sharp drop in inbound foreign direct investments in the first four months of 2024, top leaders have stepped up engagement with foreign companies.

Mr Xi met with business leaders last week and made all the right noises about the importance of economic development. He is also reported to have told officials across the country to emphasize job creation. The Third Plenum cometh (in July), and the dire state of the economy is apparently beginning to sink in. The…

Shares add 0.1pc. Gold, silver, copper rise. Boss Energy CEO sells shares. Playside lifts guidance. UK, US markets were closed. Follow here.

China needs urgent impetus to regain investor confidence and to keep the morale high of its citizens in general as an overall gloom in the countrys economy is all-pervading

Despite positive market reactions, true recovery awaits deep fiscal and tax reforms anticipated at the upcoming Third Plenum.

Meeting of Communist Party elite in July could be a watershed moment as its success may determine whether China earns the keys to the club of rich nations.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Purchasing managers surveyed in April reported production and export orders have slowed since March, while employers remain hesitant to hire.

Asia equities were mixed overnight, as Hong Kong outperformed, and Mainland China is closed until Monday for the Labor Day vacation.