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 Hong Kong CNN activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the weakest reading since December 2023, according to data released by the National Bureau of Statistics (NBS) on Wednesday. A reading below 50 signals a contraction. activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the weakest reading since December 2023, according to dat...

  Justice Department fires immigration lawyer..........  CNN The Justice Department has fired an immigration lawyer who the Trump administration has accused of sabotaging its legal case over the mistaken deportation of a Salvadoran man, according to a person familiar with the matter. Erez Reuveni argued the government’s case in the deportation of Kilmar Armando Abrego Garcia, who the Trump administration has said was sent to his native El Salvador last month due to a clerical error, despite a court order that he not be deported. Reuveni was initially placed on administrative leave days after he expressed frustration with the government’s inability to provide answers to questions from a judge in the case. In court, he said of the government’s position: Our only arguments are jurisdictional. … He should not have been sent to El Salvador.” The Justice 

Bitcoin, the world's largest cryptocurrency, surpasses $100,000 for the first time ever, signaling optimism about a "Trump bump" that will boost investments associated with Trump's agenda. Bitcoin, the world's largest cryptocurrency, surpasses $100,000 for the first time ever, signaling optimism about a "Trump bump" that will boost investments associated with Trump's agenda.