India manufacturing growth loses momentum in August
Growth in output and new orders slowed to five-year lows amid softer domestic and international demand. Export orders continued to rise, although growth eased from July.
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Growth in output and new orders slowed to five-year lows amid softer domestic and international demand. Export orders continued to rise, although growth eased from July.
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Tech bosses including Elon Musk, Nvidia’s Jensen Huang and OpenAI’s Sam Altman are participating in a G20 meeting in North Carolina this week amid a global debate on how governments should address the dangers of artificial intelligence. The meeting is spread over two days, with Musk joining by video call on Tuesday, and Huang and…
AI hardware demand helped sustain manufacturing growth across several Asian economies in August, with China, Japan and South Korea recording expansion. Strong semiconductor and technology exports supported factory activity, while Taiwan, Malaysia and the Philippines also grew. However, the prolonged Middle East conflict and rising costs pose risks to the region’s outlook.
Japan 10-yr bond yields cross 3% for first time in 30 years