China’s factory activity contracts less than expected in September

China’s factory activity contracts less than expected in September

A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images China’s factory activity contracted for a fifth consecutive month in September as the world’s second-largest economy struggles to revive its growth momentum. The official manufacturing purchasing managers’ index came in at 49.8 in September, compared with…

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Japan’s Nikkei leads gains in Asia after Wall Street soars; BOJ and PBOC keep rates unchanged

Japan’s Nikkei leads gains in Asia after Wall Street soars; BOJ and PBOC keep rates unchanged

A Japanese flag is displayed as shoppers and pedestrians walk past stores at a shopping street in Tokyo, Japan, on Wednesday, Nov. 23, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Asia-Pacific markets opened higher on Friday with Japan’s Nikkei 225 leading gains, after Wall Street soared overnight following the Federal Reserve’s outsized rate cut….

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