renusri

OPEC+

Oil Extends Losses on Prospect of Higher OPEC+ Supply Right now 2024

The oil market has recently experienced a notable decline in prices, driven largely by expectations of increased supply from OPEC+. This development underscores the complexities of global oil dynamics and highlights the significant role that production decisions from major oil-producing nations play in shaping market conditions. Understanding the reasons behind the oil price drop and…

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Capex

Japan’s Q2 capex rises strongly, signals solid domestic demand

Japan’s Q2 Capex Rises Strongly, Signaling Solid Domestic Demand Japan’s capital expenditure (capex) data for the second quarter of 2024 reveals a robust increase, highlighting strong domestic demand and signaling a positive outlook for the country’s economic recovery. This upturn in investment reflects broader economic dynamics and provides insight into the health and direction of…

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Unemployment

New unproductive forces: the Chinese youth owning their unemployment Right now 2024

New Unproductive Forces: The Chinese Youth Owning Their Unemployment In recent years, China’s economic landscape has been significantly shaped by its burgeoning youth unemployment crisis. This demographic challenge not only reflects the structural and cyclical issues within China’s economy but also reveals a unique phenomenon: a generation of Chinese youth increasingly taking ownership of their…

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Challenges

South Korea’s factory activity growth quickens even as overseas demand slows, PMI shows 2024

South Korea’s manufacturing sector has experienced an acceleration in factory activity growth despite a slowdown in overseas demand, according to the latest Purchasing Managers’ Index (PMI) data. This development reflects a complex interplay of domestic resilience and external challenges, offering insights into the country’s economic dynamics and the broader regional context. Overview of the PMI…

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PMI

Japan’s factory activity contracts at milder pace, PMI shows Right now 2024

Japan’s factory activity has contracted at a milder pace according to the latest Purchasing Managers’ Index (PMI) data, signaling both challenges and potential resilience within the country’s manufacturing sector. This nuanced shift in the economic landscape provides valuable insights into Japan’s industrial health and broader economic conditions. Here’s an in-depth analysis of what the PMI…

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equity

Asia shares steady, dollar firm before jobs test 2024

In a period of heightened economic uncertainty and anticipation, Asian shares have displayed relative stability, while the U.S. dollar remains firm in anticipation of forthcoming economic data, particularly focusing on the upcoming jobs report. This economic landscape reflects a complex interplay of market expectations, economic indicators, and global financial trends, which are crucial for investors…

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Industry

Exclusive: Intel CEO to pitch board on plans to shed assets, cut costs, source says 2024

In an exclusive development that could reshape Intel’s strategic direction, the company’s CEO is preparing to present a comprehensive plan to the board of directors aimed at shedding non-core assets, cutting costs, and refocusing the company’s operations. This move comes amid Industry intense industry competition and significant internal challenges, signaling a critical juncture for one…

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