US Manufacturing PMI Contracts for Ninth Month Stoking Recession Fears

US Manufacturing PMI Contracts for Ninth Month Stoking Recession Fears

The US ISM report shows the Manufacturing PMI has been below 50 for the ninth consecutive month, indicating a sustained and accelerating contraction in the manufacturing sector. While the overall economy is still growing, the pace is slowing. This manufacturing downturn could negatively impact employment, investment, and consumption, requiring close monitoring and timely action.

Shipping Firms Expand into Indias Coastal Trade for Growth

Shipping Firms Expand into Indias Coastal Trade for Growth

Increasingly, shipping giants like Maersk are actively focusing on India's coastal trade, anticipating significant growth opportunities in the future. Coastal transportation can effectively reduce costs and carbon emissions, promoting sustainable development for businesses and reshaping India's logistics landscape.

08/07/2025 Logistics
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