China's service sector registered another strong growth in April underpinned by the rise in output as the impact of the pandemic continued to fade. The Caixin services Purchasing Managers' Index fell to 56.4 in April from 57.8 in March, survey data from S&P Global showed on Friday. A reading above the neutral 50.0 indicates expansion. Although the score was below March's reading, this was the seco...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.