The global medical nonwoven market is projected to reach US$ 2.1 billion by 2030, growing at an annual rate of 4.8% from 2024. Key segments include Drapes & Gowns, which lead in market share, and incontinence products, the fastest-growing segment, driven by an aging population. The Asia-Pacific region is expected to experience the most significant growth due to increasing healthcare needs and investments.
U.S. inflation rose slightly in October, with the personal consumption expenditures price index increasing by 0.2% month-over-month and 2.3% year-over-year, while core inflation hit 2.8%. Despite a dip in U.S. stock markets, investors remain optimistic, with many betting on a potential rate cut by the Federal Reserve in December. The market shows resilience, as over three-quarters of S&P stocks are above their 200-day moving average, indicating a solid upward trend.
South Korea's central bank unexpectedly cut its benchmark interest rate by 25 basis points to 3%, marking the first consecutive cuts since 2009. This decision follows a weaker-than-expected GDP growth of 1.5% in the third quarter and a reduction in the GDP forecast for 2024 to 2.2%. Inflation has also slowed, with October's rate at 1.3%, the lowest since February 2021.
The peso strengthened by 1% to 20.40 against the dollar after President-elect Donald Trump reported a productive conversation with Mexico’s president, Claudia Sheinbaum. This improvement came as Mexico agreed to curb migration and drug inflow into the U.S., reversing earlier losses for the currency.
The Bank of Korea unexpectedly cut its benchmark interest rate by a quarter-percentage point to 3%, responding to heightened trade and economic concerns following Donald Trump's presidential election victory. This move comes alongside a revision of growth forecasts, indicating a cautious outlook for the economy.
The Biden administration is advancing a $680 million arms sale to Israel, which includes thousands of joint direct attack munition kits and hundreds of small-diameter bombs. This move comes despite a newly brokered ceasefire in Lebanon between Israel and Hezbollah, as Israel continues its conflict with Hamas in Gaza. The arms package has been under consideration for several months, having been previewed to congressional committees in September and submitted for review in October.
Chinese independent refiners are increasingly purchasing crude oil from the Middle East and Africa as Iranian oil becomes scarcer and pricier due to expanding US sanctions. A significant processor has acquired around 10 million barrels from Abu Dhabi and Qatar, with shipments scheduled for December and January, effectively addressing a backlog of unsold crude.
Anil Rego, founder and fund manager of Right Horizons, expects the positive earnings trend in the BFSI sector to continue, despite a subdued overall corporate earnings performance in Q2FY25. He anticipates that the RBI will not cut policy rates in December but expects a reduction in interest rates by the last quarter of FY25, noting reasonable valuations in large caps following recent market corrections.
Stellaris Venture Partners has successfully closed its $300 million Fund III, aiming to invest in 25-30 startups over the next 3-4 years, reflecting renewed confidence in India's startup ecosystem. The fund attracted both repeat and new investments from global entities, including university endowments and pension funds. Stellaris, founded by former Helion Ventures partners, now manages over $600 million in assets, focusing on AI, SaaS, and fintech sectors.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings