Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
China’s Non-Manufacturing Activity Shows Growth in October
China’s non-manufacturing sector, covering both services and construction, showed a slight expansion in October, providing a glimmer of hope for policymakers working to boost economic recovery. According to the National Bureau of Statistics (NBS), the non-manufacturing purchasing managers' index (PMI) in October increased to 50.2 from 50.0 in September.
Services and Construction Lead the Growth
The non-manufacturing PMI tracks the performance of China's service and construction sectors. A reading above 50 points signifies expansion, while a score below indicates contraction. October’s score of 50.2 suggests that these sectors are cautiously rebounding, albeit at a slower rate than expected, as China strives to regain economic momentum.
Overall Economic Activity Gains Slightly
The NBS composite PMI—which includes both manufacturing and non-manufacturing activity—recorded a modest rise to 50.8 in October. This composite figure highlights China’s ongoing but gradual economic recovery, especially amid challenges in its broader manufacturing landscape.
