China's manufacturing sector rebounded in December as firms signaled the strongest growth in output for a year amid a renewed uptick in total sales, survey results from IHS Markit showed on Tuesday.The Caixin manufacturing Purchasing Managers' Index rose to 50.9 in December from 49.9 in November. The reading was forecast to rise marginally to 50.0. A reading above 50.0 indicates expansion in the s...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.