China Factory Growth Hits 4-Month Low in July

China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more moderately, according to a private-sector survey released on Monday by S&P Global and RatingDog. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI) fell to 50.9 in July from 51.7 in June, missing analysts’ consensus … Read more

World Bank Cuts Global Growth Forecast to 2.5% Amid War Risks

The World Bank has lowered its 2026 global economic growth forecast to 2.5%, citing ongoing conflict in the Middle East and persistent energy market volatility. This revision, detailed in the bank’s semi-annual Global Economic Prospects report, marks the lowest growth projection since the onset of the COVID-19 pandemic. According to the report, disruptions to energy … Read more