-
Caixin China General Services PMI: Service sector expansion sustained in August
China's service economy continued to expand midway through the third quarter of 2024. Incoming new business and activity remained in growth, with export business rising at an accelerated rate in August. Meanwhile capacity pressures were observed with a renewed accumulation of backlogged work, but firms reduced staffing levels amid cost concerns. Average input prices notably climbed at the fastest rate in more than a year, but firms opted against raising selling prices even as business confidence improved. The seasonally adjusted headline Caixin China General Services Business Activity Index posted 51.6 in August, ... (full story)
- Comments
- Subscribe
-
- Older Stories
From youtube.com/schwabnetwork|Sep 3, 2024Factors inside and out of the U.S. can affect oil prices in the years to come. From OPEC's output, to China's crude oil consumption, to prospective rate cuts from the Fed, Patrick ...
From bnnbloomberg.ca|Sep 3, 2024BP Plc halted its biggest European oil refinery due a power outage on Tuesday. Electricity supplies have been restored to the oil-processing plant in Rotterdam and BP is working ...
From oilprice.com|Sep 3, 2024The US Treasury and State departments ramped up the pressure on Russia’s critical liquefied natural gas (LNG) sector again last week, the day before the 24 August commemoration ...
-
- Newer Stories
From msn.com|Sep 3, 2024Crude futures fell Tuesday to their lowest level this year, as concerns about weak global demand, particularly in top oil importer China, coincided with the likelihood that OPEC+ ...
From sec.gov|Sep 3, 2024The Securities and Exchange Commission today announced charges against six nationally recognized statistical rating organizations, or NRSROs, for significant failures by the firms ...
From forexlive.com|Sep 3, 2024Japan Chief Cabinet Secretary Hayashi: • No comment on daily share moves. • Closely watching domestic and overseas market moves with a sense of urgency. • Will conduct fiscal and ...
- Story Stats
- Posted: Sep 3, 2024 9:46pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 4,023
- Linked event:
