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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
ANALYSIS-China faces pivotal welfare reform test as court ruling hits jobs, small firms
China's top court bans waiving social insurance payment from Sept. 1Many companies, workers already struggling to make ends meetEconomists warn of 1% of GDP hit to workers and businessesRuling forces Beijing reckoning with costs of promised reforms BEIJING, Aug 21 (Reuters) - China's top ...Reuters
Wed, Aug 20
US judge rejects Trump administration challenge to Illinois E-Verify law
By Daniel Wiessner Aug 20 (Reuters) - A federal judge in Chicago has dismissed a bid by the administration of Republican President Donald Trump to bar Illinois from restricting employers' use of a federal program that electronically verifies eligibility to work in the United States.U.S. Distr...Reuters
Wed, Aug 20
TREASURIES-US yields drift lower as investors brace for Fed Chair Powell's speech
Some investors see dovish tilt from Powell in Jackson Hole Fed funds futures show 83% chance of rate cut in SeptemberYield curve remains unchanged, steepening trend intactUS 20-year has mixed results, but good overallBy Gertrude Chavez-Dreyfuss NEW YORK, Aug 20 (Reuters) - U.S. Treasury yields fe...Reuters
Wed, Aug 20
Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show
Fed minutes show 'almost all' officials preferred leaving rates unchangedLabor data supports concerns of Bowman and Waller on job marketInflation concerns persist amid Trump's tariff policiesBy Dan Burns and David Lawder WASHINGTON, Aug 20 (Reuters) - The two Federal Reserve polic...Reuters
Wed, Aug 20
QUOTES-Nasdaq drops for 2nd day as AI jitters rattle tech investors
NEW YORK, Aug 20 (Reuters) - Tech stocks led declines on Wall Street, with worries about AI spurring debates about its future. The Nasdaq Composite dropped 2.2% over the last two days, the worst two-day fall since August 1st.The semiconductor index was down 1.4% .SOX, while the information technolog...Reuters
Wed, Aug 20
