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ASIA: Business sentiment among Japanese manufacturers worsened for a third straight quarter from July to September, according to a survey by the central bank, as the world's third-largest economy struggled with rising costs, a slumping yen and pandemic restrictions. The business outlook for major manufacturers fell to plus-8 in September from plus-9 in June,
ASIA: The Reserve Bank of India is set to raise interest rates again next week with a slim majority of economists in a Reuters poll expecting a half-point hike and some others expecting a smaller 35 basis point rise. The RBI has lagged many of its global peers, despite inflation sticking above the top end
ASIA: Growth in Japanese factory activity slowed to a 19-month low in August as declines in output and new orders deepened, amid mounting pressure from sustained rises in raw material and energy prices and weakening global demand. Activity in the services sector fell for the first time in five months as a drop in new
ASIA: China announced on Tuesday that its People's Liberation Army (PLA) would launch a series of targeted military operations on the island in response to House Speaker Nancy Pelosi's visit to Taiwan and its resolute defense of national sovereignty and territorial integrity. The announcement came shortly after Pelosi landed in Taiwan, the first time in
The French Services Purchasing Managers' Index ((PMI)) decreased to 52.10 points in July from 53.90 points in June of 2022 vs. 52.7 expected.