NZ manufacturing expansion moderates in August, employment stalls at breakeven
New Zealand's manufacturing PMI fell to 53.1 in August from 54.3 but remains above the long-term average. Employment stalled at 50.0.
2 min ago12 min read
Bessent: Japan's economic moves are appropriate
Bessent said Japan is taking right steps for its economy; G20 discussed growth and trade protection. Xi-Trump meeting set for Sept 2026.
01/09/2026 15:123 min read
At the G20, US Treasury Secretary Bessent stated:
- Japan is taking the right steps for its economy, Bessent said.
- G20 ministers are aiming for one more growth.
- It remains uncertain if the G20 ministers will implement the measures needed to attain higher growth.
- Growth in other regions is being reduced by imbalances caused by certain nations.
- The rest of the world must act to safeguard trade and manufacturing jobs against Chinese exports.
President Xi Jinping of China is scheduled to meet President Trump in the United States on September 24, 2026, as per Trump's announcement. The date is still tentative and subject to final arrangements, based on later reports.
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