Summary: German PMI services plunge from 52.3 to 47.3, while manufacturing PMI improves slightly from 38.8 to 39.1. Economists warn about the possibility of stagflation in Germany 's services sector, requiring ECB to consider rate hikes. Eurodollar chart shows Euro weakening against the US dollar, with implications tied to the upcoming Jackson Hole symposium . Germany 's position as the Eurozone's largest economy intensifies the impact of these economic developments. ...

Summary: Vietnam 's Vinfast makes a remarkable stock market debut on Nasdaq , with shares surging over 200%, resulting in a valuation exceeding $85 billion, surpassing industry leaders Ford and General Motors . Founder and chairman of Vinfast gains an impressive $40 billion in a single day, controlling 99% of shares initially; trading volume reaches $185 million. Vinfast 's surge reflects ongoing global excitement about electric vehicle s and raises the prospect of new challengers emerging in the industry, potentially from low-cost East Asian countries like Vietnam . While profitability remains a challenge and produ...