Title: Diamond Prices Fall As People Spend More On Travel After Pandemic: Report Date: [Current Date] In a significant shift of consumer behavior following the pandemic, the prices of rough diamonds have experienced a decline in 2023. According to a report by Zimnisky Global Rough Diamond Index, people are now diverting their investments away from ...
Title: Pakistan Government Plans to Increase Gas Tariff Under IMF Deal Date: October 2, 2023 ISLAMABAD: The Petroleum Division in Pakistan is preparing a proposal to raise gas tariffs, which will be presented for approval at the Economic Coordination Committee (ECC) meeting, according to a report by The News on Monday. This move comes as ...
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Investors are hoping for a positive start to the fourth quarter after a rough September, but a flood of economic data from Europe on Monday may not provide the lift they are looking for. The day will see the release of purchasing managers index (PMI) data from across Europe, following mixed levels of services and ...
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Bank of Japan Policymakers Discuss Prospects of Exiting Ultra-Loose Policy TOKYO, Oct 2 (Reuters) – Bank of Japan policymakers have discussed the possibility of eventually exiting the central bank’s ultra-loose monetary policy, according to a summary of opinions from their September meeting. This has led to a rise in 10-year government bond yields to their ...
Thailand’s Prime Minister Announces $15.23 Billion Stimulus Package for Economy BANGKOK – Thailand’s Prime Minister Srettha Thavisin has revealed plans to inject 560 billion baht ($15.23 billion) into the country’s economy next year through a digital wallet policy. This move comes as the government aims to revitalize a sluggish economy burdened by weak exports and ...
Title: World Bank Trims Growth Forecast for Developing East Asia and Pacific Date: October 23, 2023 The World Bank has revised its growth forecast for developing economies in East Asia and the Pacific, citing a sluggish China, weak global demand, high interest rates, and dampened trade. According to the bank’s October report published on Monday, ...
Title: German Businesses in Taicang, China Remain Invested Despite Geopolitical Tensions Introduction: Taicang, a city located 50km from Shanghai, has become a favored destination for German businesses seeking growth in China’s economy. Despite the frayed business ties between Germany and China and the increased scrutiny of foreign companies, over 400 German companies continue to operate ...
China’s Factory Activity Expands at Slower Pace in September BEIJING, Oct 1 (Reuters) – China’s factory activity expanded at a slower pace in September, according to a private-sector survey released on Sunday. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.6 in September from 51.0 in the previous month, missing analysts’ forecasts of ...
Title: Chancellor Jeremy Hunt Announces Policies to Support Workers at Conservative Party Conference Date: [Insert Date] Chancellor Jeremy Hunt is set to unveil new policies aimed at prioritizing the interests of workers over tax cuts at the ongoing Conservative Party conference. The move comes in response to growing demands from senior Tories, including some ministers, ...
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Asian markets may receive a boost on Monday following the U.S. Congress’ last-minute deal to prevent a partial federal government shutdown. However, the positive sentiment may be dampened by mixed levels of services and manufacturing activity in China, as indicated by the recent purchasing managers index (PMI) data. Other PMI data from across the region ...
