An employee works on a production line for producing steel structures at a factory in Huzhou, Zhejiang province, China, May 17, 2020. Picture taken May 17, 2020. China Daily via Portal/File Photo Rights Acquire China’s private PMI unexpectedly rises in November Manufacturing activity is declining in Japan and stabilizing in South Korea Weak global demand … [Read more…]
3 hours ago Chinese EV Inventories Rise; Keep an eye on Xpeng’s quarterly results Hong Kong-listed shares of Chinese electric vehicle makers jumped in early afternoon trading. Shares of BYD, Nio, Xpeng and Li Auto rose between 2.47% and 6.11%. The markets in Asia rose across the board following positive economic data from China. A … [Read more…]
29 minutes ago Japan’s unemployment rate remains unchanged in November Japan’s unemployment rate remained unchanged at 2.5% in November from the previous month, according to government data on Tuesday. The unemployment rate was also in line with the Portal survey forecast of 2.5%. Separately, Bank of Japan data showed the services producer price index rose … [Read more…]