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China Vows Enduring Local Debt Cleanup at Key Policy Meeting

(Bloomberg) China vowed to set up a long-term mechanism to resolve debt risks tied to local authorities and signaled willingness to expand central government borrowing as it concluded a twice-a-decade policy meeting.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Gam ....

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Asia factories grapple with high costs amid Israel-Hamas war • BusinessMirror

Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure. Most countries across the region reported pressures from cost inflation, shrinking output and new orders, according to manufacturing purchasing managers’ indexes published Wednesday by S&P Global and au Jibun ....

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Charting the Global Economy: Inflation Picks Up in US, Tokyo

(Bloomberg) US underlying inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventCanada Plans College Crackdown Amid Foreign Student TroublesHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change Fun ....

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China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps

(Bloomberg) Chinese President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making a series of rare policy moves to boost the economy while refraining from massive stimulus.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeBig Te ....

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Charting the Global Economy: China's Economy Gains Momentum

Charting the Global Economy: China's Economy Gains Momentum
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