China’s Manufacturing Rebounds in October as Demand Recovers, Survey Reveals

China’s Manufacturing Rebounds in October as Demand Recovers, Survey Reveals

Nov 1, 2024

October PMI Indicates Growth Among Smaller Manufacturers China’s manufacturing sector witnessed a return to growth in October, as smaller manufacturers reported expansion. According to a private survey by Caixin/S&P Global, the Manufacturing Purchasing Managers’ Index (PMI) hit 50.3, surpassing the forecasted 49.7 from

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Gold Prices Dip from Near-Record Highs Amid Uncertain US Fed Rate Cut Expectations

Gold Prices Dip from Near-Record Highs Amid Uncertain US Fed Rate Cut Expectations

Sep 7, 2024

Gold Price Update On September 7, 2024, gold prices dropped from near-record highs due to mixed US job data, which has cast doubt on a significant interest rate cut by the Federal Reserve. After approaching a peak of $2,531 per ounce, gold prices

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Pakistan’s Foreign Exchange Reserves Climb to $9.4 Billion

Pakistan’s Foreign Exchange Reserves Climb to $9.4 Billion

Sep 7, 2024

On September 5, 2024, the State Bank of Pakistan reported that its foreign exchange reserves totaled approximately $9.4 billion as of August 30. This marks an increase of $33 million from the previous week. The bank also noted that net foreign reserves held

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China Stock Market Set for More Losses Amid Global Economic Worries

China Stock Market Set for More Losses Amid Global Economic Worries

Sep 4, 2024

Market Overview The Chinese stock market has been declining for several days, losing about 40 points or 1.4%. The Shanghai Composite Index is now just above 2,800 points and is expected to fall further on Wednesday. Global Impact Global economic concerns are affecting

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