HK economic woes deepen with plunging business outlook | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

HK economic woes deepen with plunging business outlook

University students wear Guy Fawkes masks before their graduation ceremony at the Hong Kong Polytechnic University to mark a month after the prohibition of face covering at protests. The economic markers have plunged since the protests started more than five months ago. – AFP pic, November 5, 2019.

HONG Kong’s economic woes showed no sign of easing tomorrow after a key measure of business confidence fell to its lowest level in more than a decade as the city reels from the global trade war and violent democracy protests. The Purchasing Managers Index – which measures the health of the private sector – dropped to 39.3 in October, its worst reading since 2008 during the global financial crisis, heaping fresh misery on the unrest-plagued city.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No quick recession fix for HK as business continues to dropFinancial hub’s economy index plunges to worst depths since 2008 amid global trade slowdown. FMTNews HongKong
Source: fmtoday - 🏆 5. / 72 Read more »