Currencies also weakened against the US dollar after the news, led by the South Korean won and the Philippine peso. The Taiwan dollar fell to the key psychological level of 30 per the greenback for the first time in more than two years. - Bloomberg
MANILA, Aug 1 (Bloomberg): Asia’s factories continued to report weakening activity in July amid lingering supply chain complications and a slowing global economy.
Purchasing managers’ indexes for South Korea and Taiwan took the biggest hit, according to S&P Global.
