02-October-2026
Economy News
 
Asian Factory Activity Expands Thanks to Global AI Boom
01-Oct-2026

Factory activity across Asia expanded in September thanks to the global AI boom, private surveys showed on Thursday, offering some relief to policymakers who are concerned about nagging cost pressures attributable to the US-Israeli war on Iran. While a renewed rise in energy prices clouded the global economic outlook, export powerhouses Japan, South Korea and Taiwan saw manufacturing activity expand on solid demand for chips and artificial intelligence-related goods.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-30/asian-factory-activity-expands-thanks-to-global-ai-boom