Tag: Economy
China manufacturing activity shrinks for fifth straight month in August
SHANGHAI (REUTERS) — China’s manufacturing activity shrank for a fifth straight month in August, an official survey showed on Sunday, suggesting producers are waiting...
China’s big banks warn of more margin pressure in the second half
BEIJING/SHANGHAI — China’s major state-owned banks have warned net interest margins will face increased pressure for the rest of the year as the world’s...
PSEi rebounds 2.08% as investors bet on BSP rate cut
Philippine share prices bounced back on Wednesday as investors positioned ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting today, Thursday, when a...
Trump’s doubling of tariffs on Indian imports takes effect, hiking tensions
WASHINGTON/NEW DELHI — U.S. President Donald Trump’s doubling of tariffs on goods from India to as much as 50% took effect as scheduled on...
Indian exports face blow as US enforces steep new tariffs from Wednesday
MUMBAI/NEW DELHI — Indian exporters are bracing for disruptions after a US Homeland Security notification confirmed Washington would impose an additional 25 percent tariff...
