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Author Archives: Top News Editor

China’s Private Sector Expands Most In 4 Months

China’s private sector expanded at the fastest pace in four months at the start of the third quarter driven by the upturn in manufacturing. The Caixin composite output index rose to a four-month high of 51.9 in July from 51.1 ...

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India CB Cuts Rates By 25 Bps As Inflation Slows

India’s central bank decided to cut its key interest rates by 25 basis points to the lowest since 2010, as slowing inflation provided room for easing, but the bank cautioned that price growth could accelerate from the current lows. At ...

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U.S. Manufacturing Index Dips To 56.3 In July

Activity in the U.S. manufacturing sector saw continued growth in the month of July, according to a report released by the Institute for Supply Management on Tuesday, although the pace growth slowed. Read Full Story

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Eurozone Economy Expands As Expected In Q2

Eurozone expanded at a faster pace in the second quarter as economic activity gained further momentum. Gross domestic product grew 0.6 percent sequentially, faster than the revised 0.5 percent increase seen in the first quarter, preliminary flash estimates from Eurostat ...

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Australia Maintains Record Low Interest Rate

Australia’s central bank decided to leave its key interest rate unchanged at a record low for the eleventh consecutive meeting on Tuesday, and cautioned that rising currency is likely to weaken inflation and weigh on economic activity. Read Full Story

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