Australia’s August manufacturing PMI confirmed at 52.0, holding at highest level since January
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USD/IDR edges higher after registering minor losses, trading around 17,770 during the Asian hours on Tuesday. The currency pair holds its ground as the US Dollar (USD) rebounds, driven by hawkish…
India’s manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employment declined for the first time in 30 months.
The Singapore-headquartered fashion giant’s lackluster IPO gives it a market cap of $24 billion–an almost 80% fall from the nearly $100 billion peak valuation reached after a 2022 funding round.