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PRESS DIGEST-New York Times business news - August 21
Aug 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Food and Drug Administration urged consumers to throw out certain packages of Great Value-brand frozen raw shrimp that were pu...Reuters
Thu, Aug 21
EUR/JPY hovers above 171.50 as traders adopt caution ahead of Eurozone PMIs
EUR/JPY remains steady after two days of losses, hovering around 171.70 during the Asian trading hours on Thursday. The currency cross moves little as traders adopt caution ahead of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.
Fxstreet
Thu, Aug 21
Australian Dollar holds steady after improved S&P Global PMI data
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Thursday, extending its losses for the fourth successive day. The AUD/USD pair remains subdued despite the release of the improved preliminary data of S&P Global Australia’s Purchasing Managers Index (PMI).
Fxstreet
Thu, Aug 21
Taiwan's 2026 defence spending to exceed 3% of GDP, Central News Agency reports
TAIPEI, Aug 21 (Reuters) - Taiwan's cabinet will propose defence spending of T$949.5 billion ($31.27 billion) for next year, accounting for 3.32% of gross domestic product, the official Central News Agency reported on Thursday.The budget includes funding for the coast guard, veterans and special...Reuters
Thu, Aug 21
Japan's factory activity extends declines in August, PMI shows
TOKYO, Aug 21 (Reuters) - Japan's manufacturing activity contracted for the second month in August as U.S. tariffs weighed on overseas demand, a private-sector survey showed on Thursday.The S&P Global flash Japan Manufacturing Purchasing Managers' Index (PMI) increased to 49.9 in August ...Reuters
Thu, Aug 21
Fed's Cook intends to fight allegations by Trump team
Federal Reserve (Fed) Board of Governor member Lisa Cook responded late Wednesday to accusations from people within the Trump administration, including President Trump himself, who accused the Fed policymaker of violating financial regulations around mortgage filings.Fxstreet
Wed, Aug 20
Australia's S&P Global Manufacturing PMI improves to 52.9 in August, Services PMI rises to 55.1
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.9 in August versus 51.3 prior, the latest data published by S&P Global showed on Thursday.Fxstreet
Wed, Aug 20
