Infrastrucutre investment in China continues apace. A positive for local business and also countries exporting products used in the projects.
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China's official manufacturing PMI held at 50.3 in April as export orders returned to growth for the first time since 2024, but the non-manufacturing PMI fell to a 40-month low of 49.4, exposing the weakness in domestic demand.
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USD/JPY ticking higher above 160, no verbal intervention efforts so far today
US military commanders are set to present President Trump with fresh options for military action against Iran on Thursday, according to Axios.
Musk claims $38M OpenAI contribution; rival OpenAI nears $1T valuation. Stakes are high.
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