Philippine S&P Global Manufacturing PMI (Mar) 51.3 (Prev. 54.6)
The drop in the Philippine S&P Global Manufacturing PMI from 54.6 to 51.3 indicates a significant slowdown in manufacturing activity, potentially breaking the recent growth trend.
United Arab Emirates is preparing to help the US and other allies open the Strait of Hormuz by force, according to WSJ
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: AUO Corp (2409 TT) said it is submitting samples of power-efficient micro LED modules to customers ahead of the commercial launch of advanced packaging copackaged optics for AI data centres
Philippine S&P Global Manufacturing PMI (Mar) 51.3 (Prev. 54.6)
UKMTO received a report of an incident 17 nautical miles north of Qatar's Doha with a tanker hit by an unkown projectile, although crew are reported as safe
[CALENDAR ADDITION] Australian PM Albanese is to address the nation at 19:00 local time tonight (09:00BST/04:00EDT)
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This decline could lead to concerns about economic momentum and may influence future monetary policy, suggesting a more cautious approach to rate adjustments if this trend continues.
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