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France has unveiled a new government combining conservative and centrist factions to resolve a two-month political deadlock, with key appointments addressing fiscal challenges and international relations.
Former Fed Vice Chairman Donald Kohn emphasizes the importance of initiating and maintaining interest rate cuts as inflation slows and the labor market weakens.
The Federal Reserve has made a historic decision to cut its benchmark interest rate by 0.5%, aiming to boost economic growth during challenging financial times.
Breaking: The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020, signaling a shift to easing amid cooling inflation and a stabilizing labor market.
The China-Middle East trade corridor is rapidly expanding, with China becoming the GCC’s largest trading partner and boosting infrastructure in the region, says StanChart’s Ben Hung.
China’s National People’s Congress begins its session, reviewing key laws on defense education, energy transition, public health, and economic growth, highlighting continued national development.
China’s top economic planners have removed foreign investment restrictions in manufacturing for 2024, aiming to foster a more open and welcoming economy.
At the 2024 Bund Summit, experts highlight China’s strong innovation capacity and technological advancements as the driving forces behind its long-term economic growth.
Anhui accelerates its low-altitude economy with new tourist routes and plans to establish 30 low-altitude application scenarios by 2025.
Global Manufacturing PMI holds steady at 48.9 in August, marking five months of contraction. Asia shows stability above 50, while Europe and Americas remain below.