Money

Chinese factories booming as economy reopens

Published

1 year ago

March 2, 2023

ticker NEWS

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.

Money

The integral step to entering the property market

Published

1 day ago

May 20, 2024

ticker NEWS

In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

Money

LA real estate agent reveals the secret to success

Published

1 day ago

May 20, 2024

ticker NEWS

What does it take to be a top performing real estate agent?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark delves into the fast paced world of LA luxury real estate with renowned agent, Glen Coutinho from Rodeo Realty Beverly Hills. #wyld money #trending

Money

Why the meme-stock frenzy is unlikely to repeat

Published

1 week ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending