Asian markets mostly rose Thursday following the release of the data, with sentiment also boosted by abating US debt default risks after the House of Representatives passed a bill to suspend the nation’s debt limit. The Caixin manufacturing Purchasing Managers’ Index rose to 50.9 in May from April’s 49.5, according to a private survey. This is the first improvement of the index since February and signals its return to expansion territory.
Nevertheless, the theme of reducing investment exposure to China may remain given the economy’s dissipating growth momentum and elevated geopolitical tensions, he added. Asian markets received a boost from the Caixin data. Hong Kong’s Hang Seng\n \n Index rebounded 0.9%, following a 2.4% decline on Wednesday, which was triggered by the weak official PMI data. Thursday’s gains helped the index avoid bear-market territory. Japan’s Nikkei 225\n \n rose 0.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
China's economic recovery loses steam as factory production contracts further | CNN BusinessFactory activity in China has slumped to its weakest level since the country ended its zero-Covid policy in December, as its economic recovery continues to lose steam.
Sumber: cnni - 🏆 326. / 59 Baca lebih lajut »
Elizabeth Holmes set to report to prison | CNN BusinessElizabeth Holmes is set to report to prison on Tuesday, capping off a stunning downfall for the disgraced founder of failed blood testing startup Theranos.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »
US home prices rose in March for the second month in a row | CNN BusinessUS home prices rose slightly in March, showing a continuing recovery, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index, released Tuesday.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »
AI industry and researchers sign statement warning of 'extinction' risk | CNN BusinessDozens of AI industry leaders, academics and even some celebrities on Tuesday called for reducing the risk of global annihilation due to artificial intelligence, arguing in a brief statement that the threat of an AI extinction event should be a top global priority.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »
These companies are winners in the debt ceiling deal | CNN BusinessThe debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan compromise is causing fireworks for some companies that have emerged as winners.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »