Yuan Demand in Global Trade Spurs Ebury to Boost China Headcount

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

China has announced it will suspend a 24% additional tariff on US goods while maintaining a 10% levy. This decision is seen as a positive step towards easing trade tensions between the two countries.

China's services sector experienced a slowdown in October, reaching its lowest growth rate in three months, according to the latest PMI data. This decline raises concerns about the overall economic recovery and the challenges facing the service industry.

In October, China's services sector showed a slight growth that exceeded expectations, according to the RatingDog PMI. This positive trend indicates resilience in the economy, suggesting that consumer demand and business activity are picking up.

China's services sector continued to grow in October, despite experiencing its slowest growth in three months. A private survey highlighted that household spending and travel during the holiday season helped support the industry amid a broader economic slowdown.

A recent IDR survey reveals that pay awards in the UK have remained at their lowest level in nearly four years, raising concerns about wage growth and economic stability.

The UK is set to launch a pilot scheme allowing homeless individuals to open bank accounts with the country's five largest banks. This initiative is part of a broader financial inclusion strategy aimed at ensuring that financial services are accessible to everyone, including programs to help domestic abuse victims restore their credit scores.

Six major telecom companies in the UK are joining forces to enhance security measures against phone number spoofing. Over the next year, they will implement new technology aimed at preventing fraudsters from impersonating legitimate organizations, helping to protect consumers from scams.

Naver has announced record earnings for the third quarter, driven by significant growth in its AI initiatives. This impressive performance highlights the company's successful strategy in leveraging artificial intelligence to enhance its services and boost revenue.

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

In a dramatic turn of events, New York City's elite have unleashed a barrage of tactics against Zohran Mamdani's mayoral campaign, employing money, insults, and even scare tactics to thwart his ambitions. The atmosphere is tense as fears of a 'Hot Commie Summer' loom over Wall Street.

The article discusses five key areas where debt is becoming a significant concern in the rapidly growing AI data centre sector. It highlights the challenges and risks associated with financing these facilities, as well as the potential impact on the industry.

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

Toyota has raised its full-year operating profit outlook, thanks to increased volumes and effective cost-reduction efforts. This positive adjustment reflects the company's strong performance and strategic initiatives.