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Germany's business activity expanded slightly in August as a manufacturing offset rebound a renewed services downturn. S&P Global's composite PMI fell to 51.0 in August from 51.3 in July (consensus 51.3). The manufacturing PMI rose to 54.1 from 52.2,

2026-08-21

Germany's business activity expanded slightly in August as a manufacturing offset rebound a renewed services downturn. S&P Global's composite PMI fell to 51.0 in August from 51.3 in July (consensus 51.3). The manufacturing PMI rose to 54.1 from 52.2, the highest in 51 months. The services PMI slipped to 48.5 from 49.8, a three-month low and the fifth consecutive monthly decline, the fastest fall since May. S&P Global Market Intelligence said manufacturing momentum has returned after signs of a Q2 stall, while new orders and services employment rose modestly for a second month, suggesting activity may soon stabilize.

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2026-08-21

In a notice on fiscal-financial coordination to boost domestic demand, China’s Ministry of Finance said newly originated credit-card installment products — special-purpose installments, consumer installments and cash-advance installments — will be el

In a notice on fiscal-financial coordination to boost domestic demand, China’s Ministry of Finance said newly originated credit-card installment products — special-purpose installments, consumer installments and cash-advance installments — will be eligible for the personal consumer loan fiscal interest-subsidy program with a subsidy of 1 percentage point annualized. The notice also said newly issued working-capital loans to eligible small, micro and private enterprises will be covered by the SME loan interest-subsidy scheme; central fiscal authorities will subsidize interest at 1 percentage point annualized on principal for up to two years.
2026-08-21

Preliminary plans show Angola intends to load 30 crude oil cargoes in October, down from 34 planned in September.

Preliminary plans show Angola intends to load 30 crude oil cargoes in October, down from 34 planned in September.
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