HONG KONG (AP) — An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November, an indicator of weak demand despite various stimulus measures aimed at supporting the economy. The official manufacturing purchasing managers’ index fell to 49.4 in November, down slightly from October’s 49.5, according to data released Thursday by the National Bureau of Statistics. A figure below 50 indicates a contraction in manufacturing activity while a
Communities of descendants of African slaves who escaped forced labour to form rural villages – called quilombos – are fighting for their survival. Like other indigenous peoples whose lands are being encroached upon, they are fighting to prevent Brazil's agribusiness lobby and land speculators from taking over their territory. “When the speculators arrived, they said everything was theirs,” Marilda De Souza Francisco still remembers. From her family home, surrounded by sumptuous vegetation, the
The MSCI Asia-ex-Japan stocks index was up 0.1% at 0507 GMT, gaining 6.9% so far this month, setting it on course to mark the best month since January. South Korea's KOSPI has led the rally in Asia with 10.6% gains this month, followed closely by Taiwan and Japan's Nikkei. Hong Kong's Hang Seng Index pared losses to be up 0.1%, while China's benchmark CSI300 Index rose as much as 0.24%, despite disappointing Chinese manufacturing data released on Thursday.
* Dollar set for weakest month in a year * Yen back from the brink; strongest month in 2023 * Inflation data takes the spotlight * MORNING BID EUROPE: Treasuries on the cusp of best month since 2008 (Updated at 0545 GMT) By Ankur Banerjee SINGAPORE, Nov 30 (Reuters) - The dollar was rooted near a three-month low on Thursday and was set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve is done with rate hikes ahead of a crucial inflation report later in the day. The index is down 3.7% in November on growing expectations the Fed will cut interest rates in the first half of 2024. Investors will be all ears on Friday when Fed Chair Jerome Powell takes the centre stage in the wake of Fed Governor Christopher Waller on Tuesday flagging a possible rate cut in the months ahead.
Israel and Hamas agreed to extend the Gaza ceasefire by at least one more day to allow for more hostage releases. On Thursday, just minutes before the six-day ceasefire was due to expire, Israel’s military said in a statement the truce will continue. “In light of the mediators’ efforts to continue the process of releasing the hostages and subject to the terms of the framework, the operational pause will continue,” said the Israeli statement released on Thursday.
The Clippers defeated the Kings, 131-117. Kawhi Leonard recorded a team-high 34 points, along with 9 rebounds and 3 assists for the Clippers, while James Harden added 26 points, 6 assists and 5 steals in the victory. De’Aaron Fox led all scorers with 40 points, along with 5 rebounds and 3 assists for the Kings
Henry Alfred Kissinger was a German-born Jewish refugee who fled the Nazi regime with his family as a teen in 1938, eventually settling in New York City. He went on to serve as national security adviser, secretary of state or as a special adviser in five US presidential administrations, becoming a pivotal – and controversial – figure in the geopolitics of the ’60s and ’70s. He remained an influential political consultant and elder statesmen throughout his life, publishing his 19th book in 2022.