Indian HSBC Composite PMI Final (Jan) 58.4 (Prev. 57.8)
The final HSBC Composite PMI for India in January rose to 58.4 from a previous reading of 57.8, indicating a stronger expansion in both manufacturing and services.
BoJ won't come to the rescue of a Takaichi-driven bond rout, with sources stating that Japanese PM Takaichi should not count on the BoJ's help in taming sharp yield rises given the high cost of intervention including risk of igniting unwanted yen declines
Israeli army announces airstrikes and tank shelling on militants after an Israeli officer was seriously injured, according to Sky News Arabia
Indian HSBC Composite PMI Final (Jan) 58.4 (Prev. 57.8)
Hanwha Ocean (042660 KS) FY25 (KRW) net rose 122% Y/Y to 1.17tln, rev. rose 17.7% Y/Y to 12.68tln
Ford (F) is in talks with Geely Auto (175 HK) to allow Chinese automaker to use its factory space in Europe
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This improvement suggests robust economic activity, which may reinforce positive sentiment for growth in the Indian economy and potentially influence central bank policy towards a more hawkish stance if this trend continues.
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