Tag : Goldman Sachs

Economic slowdown in China fuels calls for stronger fiscal measures
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Economic slowdown in China fuels calls for stronger fiscal measures

manamalive.com
China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National Bureau of Statistics revealed that the manufacturing Purchasing Managers' Index...
Wall Street rallies on softer-than-feared Trump trade policies
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Wall Street rallies on softer-than-feared Trump trade policies

manamalive.com
The Dow Jones Industrial Average surged on Tuesday as investors reacted positively to President Donald Trump’s comments and initial actions on trade policy, which appeared softer than anticipated. Wall Street’s cautious optimism followed Trump’s inauguration...
Yuan weakens further, testing China’s resolve amid U.S. policy shifts
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Yuan weakens further, testing China’s resolve amid U.S. policy shifts

manamalive.com
The Chinese yuan is under mounting pressure, reflecting the dual challenges of a resurgent U.S. dollar and rising concerns over the economic policies of incoming U.S. President Donald Trump. Market analysts suggest Beijing’s efforts to...
Stock futures rise ahead of key inflation reports this week
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Stock futures rise ahead of key inflation reports this week

manamalive.com
Stock futures edged higher on Tuesday morning as investors prepared for two critical inflation reports this week. Futures tied to the Dow Jones Industrial Average rose by 69 points, or 0.2%, while S&P 500 and...
AT&T mandates full in-office work for employees starting January 2025
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AT&T mandates full in-office work for employees starting January 2025

manamalive.com
AT&T will require all office employees to work on-site five days a week starting January 2025, tightening its return-to-office policy. This change marks a departure from the hybrid work model implemented last year, which allowed...
Amazon’s return-to-office policy faces resistance from workers
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Amazon’s return-to-office policy faces resistance from workers

manamalive.com
MENA Newswire News Desk: Amazon’s decision to require employees to return to the office full-time has sparked debate amid a growing trend of flexible work arrangements in the UK. As the global tech giant emphasizes...
China's economy struggles as manufacturing and property sectors slump
Business

China’s economy struggles as manufacturing and property sectors slump

manamalive.com
China's economic foundations are under intense strain as key sectors struggle to maintain momentum. Factory activity contracted for a fourth consecutive month in August, signaling deepening deflationary pressures. The National Bureau of Statistics (NBS) reported...