China's Sept flash factory PMI casts pall over global markets
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
FLAGGING demand dragged China's giant factory sector into its sharpest contraction in 61/2 years in September, a private survey showed on Wednesday, triggering a flight to safety in Asian markets that analysts say could extend across the globe.
The bleak data came after the US central bank refrained from lifting interest rates for the first time in nearly a decade last week, citing concerns that global problems, and China's slowing economy in particular, may hurt the US recovery.
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
