Nomura urge a 'more sober assessment' on China stimulus rally
Hong Kong's Hang Seng index is down 3% on the session so far, pulling back after its blistering rally in the wake of stimulus announcement s from China last week.…
Gold remains close to record high amid fears of full-out war in Middle East
Gold price attracted some haven flows on Tuesday amid rising tensions in the Middle East. Reduced bets for aggressive Fed rate cuts and stronger USD capped gains for the XAU/USD. …
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ByteDance (TikTok owner) plans new AI model trained with Huawei chips
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China’s September Caixin Manufacturing PMI contracts to 49.3, Services PMI drops to 50.3
China's Caixin Manufacturing Purchasing Managers' Index (PMI) contracted to 49.3 in September after reporting 50.4 in August, the latest data showed on Monday. Meanwhile, the Chinese Caixin Services PMI dropped sharply…
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