Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates
Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on “Squawk Box Asia.”
CNBC Daily Open: Soft landing in sight?
With tamer inflation, hotter economy, stable jobs market, there are signs that the economy’s cleared for a soft landing.
China’s manufacturing output swung back to modest growth in August, private survey finds
China’s factory activity has shown modest growth among smaller manufacturers, as exporting orders offset the weakening domestic consumption.
The peak interest rate era is over. Here’s what investors are watching
The U.S. Federal Reserve is about to join the European Central Bank, the Bank of England, the People’s Bank of China and others in cutting key rates.
China urges EU to be ‘objective and fair’ on South China Sea issue
China urged the European Union to be “objective and fair” and careful with words and actions on South China Sea issues, after the bloc remarked on an incident.
BYD sales hit a record in August despite broader China EV slowdown
Chinese electric car giant BYD sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars.
About 10,000 U.S. hotel workers strike as contract talks break down
About 10,000 U.S. hotel workers began a multi-day strike Sunday in several cities after contract talks stalled, Unite Here union said.
Has Boeing shaken your confidence to fly? A new MIT study could restore it
Boeing’s ongoing quality control issues have rattled traveler confidence. But a new study from MIT says flying is getting safer by the decade.
China’s first global gaming hit sells millions in a week. An early investor shares what’s next
China’s first attempt at a top-tier video game has smashed world records, bolstering the industry’s global ambitions after Beijing’s gaming crackdown.
Asia markets mixed after China manufacturing slumps to 6-month low; real estate drags Hang Seng index
Among the economic data coming out from major markets in the region this week are inflation data from South Korea and Australia’s second-quarter GDP data
