China Caixin Services PMI Adds to Signs of Economic Green Shoots
The Caixin services purchasing managers index rose to 52.0 in October from 50.3 in September, said Caixin Media Co. and S&P Global on Tuesday. The index has remained above the 50 mark that separates contraction from expansion for 22 consecutive months.
A private gauge of China’s services sector signaled that business activity grew at an accelerated rate at the start of the ...
Asian equities had a strong day as Hong Kong and Mainland China significantly outperformed the region, while Japan, the Philippines, and Thailand had good days, and South Korea underperformed.
China's economy showed early signs of having bottomed out across the board in October, indicating that the country's ...
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China's manufacturing output swings back into expansion in October, private survey findsThe Caixin/S&P Global manufacturing PMI came in at 50.3 in October, beating the median estimate of 49.7 in a Reuters poll.
Markets Insider on MSN3d
China is boosting market sentiment by playing up hopes for stimulusChinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space for fiscal policy and ...
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