S&P Global Market Intelligence Germany composite PMI fell to 48.0 in June from 48.8 in May, below the 49.6 market forecast. Phil Smith, associate director of economics at S&P Global Market Intelligence, said business activity has now contracted for three consecutive months at the fastest pace of the cycle, raising the risk of the economy re-entering contraction in Q2. Services led the decline: the services PMI dropped to 46.8 from 48.1, its weakest since November 2022, with activity and new orde

台湾加权指数6月23日（周二）收盘下跌640.86点，跌幅1.34%，报47100.65点。

The Ministry of Emergency Management said at a flood-season safety briefing on June 23 that extreme weather breaking past patterns has increased. The rain band has shifted westward and expanded northward; compared with the 1990s, humid and semi‑humid zones have grown by over 300,000 sq km in the past five years. In northern China the five‑year average number of heavy‑rain events is roughly 50% higher than in the 1990s, and the composite intensity of those events is about 50% above the long‑term seasonal average. Northern flood control has shifted from infrequent major tests to a regular, high‑stress challenge. Over the next five years wetter conditions in northern China are expected to continue, with above‑normal precipitation likely across much of Northeast China and North China and elevated disaster risk from heavy rain and severe convective storms.