Shares in Europe and the US fell on Tuesday over concerns about weak global growth and potential interest rate hikes.
Manufacturing data from Germany, Britain and the euro area also showed declines, while their service sectors fell into contraction. “The Chinese government has become more active and is relaxing more regulation but whether it is good enough remains to be seen,” he added.
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PMIs: Global business activity showed signs of slowdown in AugustLONDON, Sept 5 — Global business activity largely slowed further last month as services firms struggled in the face of weak demand as rising prices and borrowing costs made...
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