China's official manufacturing purchasing managers' index rose to 50.1 in September from 49.8 in August, signaling a return to growth. This modest expansion comes as policymakers introduce targeted fiscal and monetary measures to lower financing costs and support lending to sustain economic growth. While exports and AI hardware demand help manufacturers, weak domestic consumption and higher energy costs remain challenges. Experts say the new stimulus signals policy intent but may have limited immediate impact on growth, with housing subsidies potentially boosting short-term home sales.
China's factory activity expansion in September coincides with a mixed performance in the Industrials sector on Pluang. For readers following Industrials, here is Pluang's market snapshot as of Sep 30, 2026 08:51 WIB: out of 93 priced US stocks, 47 rose and 46 fell. Notable movers include Boeing Co (BA) with a price of USD 192.01, up 4.13% and a typical hold time of 83 days, MasTec Inc (MTZ) at USD 211.95, up 3.85% with a 23-day hold time, and Redwire Corporation (RDW) at USD 10.77, down 3.84% with a 17-day hold time.
Abracadabra's community has proposed liquidating the protocol following repeated attacks that left its Magic Internet Money (MIM) token severely undercollateralized and unable to regain its peg. The current collateral backing MIM is estimated at $900...
Cosmos Labs has developed a Tokenization Suite that connects banks' existing core ledgers and tokenized-deposit systems with Swift's blockchain-based shared ledger. This integration allows financial institutions to offer 24/7 cross-border payments wi...
Abracadabra has proposed liquidating its decentralized lending protocol, which would result in MIM stablecoin holders recovering only about 4 cents per dollar of debt, reflecting a 96% loss. The proposal estimates recovering $900,000 in assets agains...
Abracadabra DAO is voting on a proposal to close its lending protocol and liquidate the Magic Internet Money (MIM) stablecoin due to $21 million in bad debt causing severe undercollateralization. The stablecoin's backing is now worth less than 4 cent...
China's commerce ministry has warned the European Union that it will respond firmly if the EU imposes restrictions on Chinese businesses or products. This warning comes ahead of high-level trade talks scheduled in Beijing next week, as Europe aims to...
