Latest News for: Economic pressure


Gold Price Forecast: Weaker as Debt Ceiling Negotiations, Rate Hike Fears Mount

FX Empire 31 May 2023
economic data and Fed rate hike expectations put pressure on gold ... Furthermore, China, one of the largest consumers of gold, experienced a faster-than-expected contraction in factory activity in May, which adds pressure on policymakers to support the country’s uneven economic recovery ... China’s Weak Economic Data Weighs on WTI Oil.

China factory activity slows, adding to economic strains

Federal News Radio 31 May 2023
BEIJING (AP) — China’s manufacturing slowdown deepened in May as consumer and export demand weakened, a survey showed Wednesday, adding to signs an economic rebound following the end of anti-virus controls is slowing ... Economic growth accelerated to 4.5% over a year earlier in the three months ending in March, from the previous quarter’s 2.9%.

U.S. stocks struggle as Republican lawmakers argue over debt deal

Beijing News 31 May 2023
With doubt rising over the bill passing through Congress, the potential for a debt default loomed anew, pressuring stocks and pushing the U.S ... The index faced selling pressure amid concerns over the global economic outlook ... The market faced selling pressure, influenced by global economic concerns and domestic factors.

Tokyo and Seoul should reflect on how costly it is to go all in with Washington on decoupling

China Daily 31 May 2023
Having imposed its own restrictions last year aimed at stifling China's tech progress, Washington is pressuring the three regional economies to do the same ... "which seriously violate international economic and trade rules and damage the foundation of industrial development".

UK business confidence dips in May, inflation pressures persist: Lloyds

Reuters 31 May 2023
Lloyds said the confidence decline this month potentially reflects firms having already accounted for the more upbeat economic news in recent months ... Ho said the economic environment remains challenging, compounded by stubborn inflation and higher wage pressures ... pressures.

Parenthood and the state

The News International 31 May 2023
The story is all too familiar in Pakistan; for far too long, we have witnessed the various manifestations of the unfair choices working parents are subjected to in the face of relentless socio-economic pressures. Whereas child birth brings with it unquantifiable joy, skewed expectations and pressures can make it an overwhelming experience.

Allianz reports record low ship losses

Splash24/7 31 May 2023
Economic pressures could put vital investments in companies’ strategies, as well as in other safety initiatives, in jeopardy.”.

India's Q4 GDP data to be out today. Here's is what to expect

Live Mint 31 May 2023
... GDP data, take a look at what experts think about India's GDP growth in the quarter that ended in March.Q4 GDP projections by expertDomestic GDP growth is set for releases amidts a backdrop of global economic downturn, characterized by recessionary pressures in several countries.

China’s industry minister, Tesla’s Musk meet, discuss electric cars

Federal News Radio 31 May 2023
The ruling Communist Party is trying to revive investor interest in China’s slowing economy and reassure companies that have been rattled by anti-monopoly and data-security crackdowns, raids on consulting firms, U.S.-Chinese political tension and pressure to align their plans with the ruling party’s industry and economic development goals.

China’s factory activity falls faster than expected on weak demand – PMI

The Philadelphia Inquirer 31 May 2023
... demand, an official factory survey showed on Wednesday, heaping pressures on policymakers to shore up the patchy economic recovery.

Manufacturing sector shrinks while non-manufacturing grows

China Daily 31 May 2023
Zhao Qinghe, a senior NBS statistician, said China's business came under pressure in May, and more efforts should be made to consolidate the foundation for economic recovery.

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