Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Chinese factories booming as economy reopens

Published

on

Chinese factories are roaring back into life as the country’s economy reopens.

The closely watched manufacturing purchasing managers’ index hit 52.6 in February.

That its highest in over a decade, with any number above 50 pointing to expanding activity.

A private sector survey also showed activity rising for the first time in seven months.

Economists hope the country’s rebound from lockdowns will now help underpin global growth too.

The International Monetary Fund last month raised its forecasts for the world economy, in part because of China’s exit from health-crisis restrictions.

So far, it’s a weaker picture in the rest of the Asia though.

Japan’s final PMI for February fell, dropping at the fastest pace in more than two years.

The weak outcome followed a slump in output of cars and chips, casting doubt on the Bank of Japan’s view that a steady recovery was under way.

Factory activity also shrank in Taiwan and Malaysia, while India saw manufacturing expand at its slowest pace in four months.

South Korea saw its exports fall for a fifth month, hit by a plunge in shipments of semiconductors.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now