Vindicates the focus on media and entertainment. ,ollow me on twitter rishaadtv use trendingbusiness as well. China out with manufacturing pmi numbers. Tom mackenzie is in beijing. What are we seeing here . A minor miss for the july manufacturing pmi data. At 49. 9, then manufacturing pmi for july. The forecast had been for 50, so marginally off. It was 50 in june. I dont think that will cause concern amongst holocene makers, but below forecast. China policymakers. Nonmanufacturing pmi and june was supported by the construction sector. July nonmanufacturing pmi 53. 9, so it will be interesting to see if services have picked up. Key details in the manufacturing firms,a is hiring by factories, keeping labor costs low, starting to increase employment numbers. Also, fixed Asset Investment has been weak. It had been hoped that the weaker renminbi would support manufacturing. Deflationary prices at the factory gates have eased somewhat. Thee is more credit in system in china, so manufacturer
Quarter profits beating estimates. Let us know what you think of our stories. Follow me on twitter rishaadtv, use trendingbusiness. Market action. David the picture looking like this. Stocks under pressure, limited upside to markets. , aan getting sold off function of dollaryen strengthening. That is where we are at the moment. Looking at all these external headwinds for the country, it is easy to understand why 60 billion have been pulled out of this market. It doesnt stop there, so we will continue to track this. China, jobs out of out of australia, philippines gdp print. The yen complicating matters on the trade front on the heels of secondquarter gdp missing the mark, the economy struggling despite the massive monetary and fiscal stimulus in place. It is an ugly set of numbers, isnt it . Pretty woeful data from japan, exports struggling, imports as well. ,xports for july falling 14 the 10th month of contraction. The worst fall in seven years. Overseas shipments to the u. S. Falling
PlayStation lifetime video game software unit sales have broken 5.8 billion across all generations, PS4 and PS5 software to break 2 billion sales soon.