Chinese businesses in manufacturing and services laid off more workers than they hired in May, according to Purchasing Managers’ Indexes released Monday by the National Bureau of Statistics. The cautious stance shows the beaten-down services industry …
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May 31 (Reuters) – European stocks slipped from record highs on Monday in subdued trading due to holidays in major markets, but optimism about a swift economic recovery put the benchmark index on course for a fourth month of gain.
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… at Commonwealth Bank of Australia, discusses the latest on the markets with Rishaad Salamat and Bryan Curtis on Bloomberg Daybreak Asia.
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South Korean auto major Kia Corporation has revealed the first official teaser images of the all-new Sportage – the fifth generation of the brand’s most popular SUV model. The all-new Sportage is due to be revealed in July in Korea. MORE FROM THIS …
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Reuters reported that economists polled by the news wire have a median forecast of 1% on-year growth for the March quarter — that’s up from 0.4% in the previous quarter. But, economists are less upbeat about the current quarter that ends in June due to a …
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