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Saudis Cut Flagship Oil Price to Asia to Lowest in Six Years
AkzoNobel agrees deal to sell its SE Asia decorative paint unit to Nippon Paint
Nikkei 225 hits 70,037 overbought high: Pullback risk live
Exclusive-ShinyHunters hacker in FBI data theft detained in Jordan, cooperating with bureau, sources say
Saudi-Backed Yemen Forces Begin Operation to Retake Houthi Areas
ANZ Commodity Index Increases 0.6% in September Driven by Oil Prices
World’s tallest tower to open in Jeddah in late 2028
U.S. consumer spending is on the rise despite frustrations with persistent inflation and gloomy views about the economy
Deutsche Bank's Ghali Highlights Gold's Resilience Amid Market Pressures
In crude Ohio rally speech, Trump says he may not help if Democrats win
CSL to pay up to $1.6 bln to develop rare disease drug; shares rise
Japan services PMI misses forecasts in September as private-sector growth slows
Bank of Japan Deputy Governor Highlights AI's Impact on Economy and Financial Markets
Japan's Services Sector Growth Slows Amid Intense Price Pressures
Japan service sector activity slows from 5-month high, PMI shows
Markets bet on RBI rate hike as inflation pressure builds
UK Expected to Follow EU With China EV Tariffs, Times Says
Crypto Dealmaking Jumps 44% Despite Clarity Act Uncertainty
U.S. stock futures tick higher as soft jobs data eases Fed hike bets
Reflationist ex-BOJ policymaker calls end to low rates, big spending
KLEA Finance Daily: Sunday, October 04, 2026
MUFG Issues Short EUR/JPY Recommendation Amid French Bond Market Concerns
AkzoNobel to sell Southeast Asia paints business to Nippon Paint for $1.35 billion
Mozambique’s ‘debt scandal’ casts shadow over governor appointment
These Energy Companies Put Oklahoma City on the Map. Now They’re Moving to Texas.
Vanguard's Wang: Energy, AI Keep Inflation High
Apple Makes It Tougher for AI Agents to Access Macs
Asian Gold Producers Shift Focus to Domestic Refining and Central Bank Purchases
Higher-Tech Cars Drive Up Repair Costs for Mechanics and Consumers
Appeals court pauses reinstatement of fired Seattle federal prosecutor
Australia's Treasurer Warns of Economic Impact from Iran War
OpenAI’s Altman says AI benefits warrant accepting some risks
Gold Futures Remain Bearish as Market Approaches Key Support Levels
Iran Rejects US Peace Proposals Amid Ongoing Tensions
Consumers Tap Reserves and Charity to Manage Inflation
Asian Stocks to Rise as Hike Bets Ease, Oil Climbs: Markets Wrap
Oil climbs after Yemeni Houthis attack Saudi Aramco sites
New AI Czar Jay Clayton Gets 120 Days to Report on Tech’s Risks
Researcher at Russian Plague Laboratory Dies from Unknown Pneumonia, Prompting Health Concerns
FlyDubai Co-Pilot Lost Earlier Job for Dabbling in Extremism
China Shutters Nearly 25% of Its Banks Amid Oversight Push
UK set to impose Chinese EV levies amid EU trade pressure - report
Adobe stock: Here are 5 strategic questions into new leadership
OPEC+ Maintains November Oil Production Targets Amid Ongoing Supply Disruptions
UK Expected to Follow EU With Tariffs on Chinese EVs, Times Says
Schneider Electric nears deal to buy industrial software group PTC for $20bn
Bull run for Japan stocks at risk, warns boss of biggest trading house
Legal Battle Poses Risk to London Bullion Market Association's Future
Former Anthropic researcher Coxon to testify at New York City AI hearing, Bloomberg News reports
‘Digger’ Collapses at the Box Office as Warner Film Chiefs Exit
France Faces Increased Fiscal Pressure as Bond Yields Rise
Schneider Said to Near Deal to Buy PTC for More Than $20 Billion
Former Anthropic researcher to testify at NYC Council AI hearing - report
Leftist and nationalists lead in election for Bosnia’s tripartite presidency
Schneider Electric close to $20 bln deal of U.S. software maker PTC - report
Delfin to tender full 17.6% Monte dei Paschi stake into Intesa’s takeover offer
US Withdraws B-1 Bombers from UK Base Amid Security Concerns
Dealmaking slowdown threatens early end to M&A boom
Alaska LNG shipping savings justifies billions in investment, developer says
How Gas, Diesel and Electricity Prices Are Squeezing American Voters
Foreign Exchange Rates Remain Stable as Markets Open on October 5, 2026
France’s Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports
AkzoNobel to sell unit to Nippon Paint for over $1 billion, FT reports
Schneider Electric nears deal to buy software group PTC for $20bn
AkzoNobel nears sale of south-east Asian paints unit to Nippon Paint - report
AkzoNobel could sell unit to Nippon Paint for over $1 billion, FT reports
AkzoNobel nears deal to sell its SE Asia decorative paint unit to Nippon Paint
Yemen govt launches offensive to retake Houthi-held areas
Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win
Australia's Services Sector Growth Slows Amid Rising Prices and Job Cuts
The growth of Australia's services sector slowed in September, with the S&P Global Australia Services Purchasing Managers' Index (PMI) registering a decline to 51.9 from 53.2 in August. This marks the slowest expansion in three months, although the index remains above the neutral mark of 50, indicating continued growth. The Composite Output Index, which includes both services and manufacturing, also fell to 51.3 from 52.7, reflecting a deeper contraction in manufacturing activity.
The slowdown in the services sector is accompanied by rising price pressures and a return to job cuts for the first time since May. Employment in the services sector decreased marginally, attributed to slower order growth and concerns over costs. Despite a slight increase in new business and a marginal rise in export orders, overall business confidence has dipped to a three-month low, raising concerns about the economic outlook.
Input costs have risen due to higher fuel and labor expenses, leading to increased output prices. Both input cost and output price inflation have accelerated and remain above long-term averages. This inflationary pressure could influence the Reserve Bank of Australia's (RBA) monetary policy, as the central bank may need to maintain a hawkish stance to address persistent inflation, despite the signs of a softening economy.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News