China's factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
Source: [CNBC](https://www.cnbc.com/2026/07/31/china-pmi-factory-activity-economic-growth-exports-.html)
The company faces a challenge as it does not have access to the latest extreme ultraviolet, or EUV, lithography machines, essential for manufacturing advanced chips.
Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U. S. -Iran strikes earlier this week.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.