MOST Asian currencies were subdued on Tuesday as investors were cautious ahead of a U.S. central bank meeting, while a surprise contraction in Chinese manufacturing activity dragged on local sentiment.
China on Sunday posted a decline in manufacturing PMI for April, while markets had expected a slight expansion, which marked the first contraction since December 2022.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
