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Euro zone June factory growth slips to weakest in 18 months

Euro zone factory growth slowed to an 18-month low in June, slipping for the sixth month in a row amid widespread concerns about trade barriers and their impact on overall economic activity, a survey showed on Monday. IHS Markit’s June final manufacturing Purc... More »

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Consumption to fuel German factories as exports weaken: Markit

BERLIN (Reuters) – German manufacturing export sales and new orders grew at their slowest pace in more than two years in June, a survey showed on Monday, adding to signs the sector is cooling as fears of a full-blown global trade war cloud the economic outlook... More »

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Jordanians renew protests against IMF driven-tax hikes

AMMAN (Reuters) – Hundreds of Jordanians took to the streets of the capital Amman on Sunday in a fourth day of nightly protests against IMF-backed price increases that have shaken the kingdom, witnesses said. They said demonstrators who converged near the cabi... More »

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Global trade skirmish puts factories, recovery at risk

LONDON/BEIJING (Reuters) – Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar. U.S. Presi... More »

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Summer of discontent? Events in June that could shake markets

LONDON (Reuters) – May was a manic month for markets but brace yourself for June. An unprecedented summit between North Korea and the United States is back on the agenda, and there are other events on the radar to potentially convulse world markets — from Turk... More »

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Japan looks to launch driverless car system in Tokyo by 2020

TOKYO (Reuters) – A self-driving car service could be on Tokyo’s public roads in time for the 2020 Olympics as Japan looks to drive investment in new technology to drive economic growth, according to a government strategic review announced on Monday. The strat... More »

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Japan jobless rate steady at 2.5 percent in April: govt.

TOKYO (Reuters) – Japan’s jobless rate held steady in April and the availability of jobs also remained unchanged, government data showed on Tuesday. The seasonally adjusted unemployment rate stood at 2.5 percent, the Internal Affairs ministry said. The result ... More »

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Japan PM Abe: BOJ is guiding policy appropriately

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday members of the government’s top economic council agreed that the central bank is guiding monetary policy appropriately. Abe also said the government and the Bank of Japan have reaffirmed their... More »

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Weak foreign demand pushes down German industrial orders

BERLIN (Reuters) – German industrial orders unexpectedly dropped for the third month running in March due to weak foreign demand, data showed on Monday, suggesting factories in Europe’s largest economy are shifting into a lower gear. Contracts for German goods... More »

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U.S. jobs growth expected to regain momentum in April

WASHINGTON (Reuters) – U.S. job growth likely accelerated in April after a weather-related slowdown in the previous month, with the unemployment rate expected to drop to near a 17-1/2-year low of 4.0 percent. The Labor Department’s closely watched employment r... More »

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French first-quarter growth slows to 0.3 percent on weaker…

PARIS (Reuters) – French economic growth slowed slightly more than expected in the first quarter as business investment and exports eased, a first estimate from the INSEE statistics agency said on Friday. The euro zone’s second-biggest economy grew 0.3 percent... More »

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China to strive to reach targets this year: politburo

BEIJING (Reuters) – China will strive hard to achieve this year’s economic targets, the politburo, a top decision-making body of the ruling Communist Party said on Monday, according to state media. China still faces many difficulties in fighting what the gover... More »

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Euro zone business growth stabilizes but euro a rising concern

LONDON (Reuters) – Business activity across the euro zone was still growing as the second quarter began, but at a more modest rate than around the turn of the year, a survey showed on Monday. The euro zone unexpectedly was one of the best-performing major econ... More »

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Automobiles drive U.S. retail sales higher in March

WASHINGTON (Reuters) – U.S. retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into the second quarter with momentum. The ... More »

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Euro zone’s economic roar lost some volume in February: PMI

The famous skyline with its banking district is pictured as a rescue helicopter flies by in Frankfurt early evening April 13, 2015. The European Central Bank’s governing council will meet in Frankfurt on Wednesday, April 15. REUTERS/Kai Pfaffenbach LONDON, (Re... More »

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German monthly retail sales unexpectedly drop in January

FILE PHOTO: Shopping mall Blechen Carre is seen in Cottbus, Germany, January 24, 2018. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – German monthly retail sales unexpectedly declined in January, data showed on Friday, in a sign that private consumption ma... More »

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China spends $279 bln on R&D in 2017: science minister

FILE PHOTO: Chinese Minister of Science and Technology Wan Gang attends the International Forum on Electric Vehicle Pilot Cities and Industrial Development in Beijing, China June 6, 2017. REUTERS/Thomas Peter SHANGHAI (Reuters) – China’s total spending on rese... More »

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A decade after recession, a jump in U.S. states with wage gains

Newly hired employees take a break from training to pose for a group photo at the chain’s soon-to-open 54th outlet in Oakland, California ,U.S., January 24, 2018. REUTERS/Ann Saphir OAKLAND, Calif./CANTON, N.Y./WASHINGTON (Reuters) – The kind of pay raises for... More »

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Saudi corruption purge winds down but scars will linger

FILE PHOTO: Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia January 27, 2018, REUTERS/Katie Paul /File Photo DUBAI (Reuters... More »

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UK economy unexpectedly picks up speed but Brexit effect felt

FILE PHOTO: A man is silhouetted as he walks past the Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne LONDON (Reuters) – British economic growth unexpectedly picked up speed in the last three months of 2017, accordin... More »

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Brazil economic activity expands for third month in November

People walk past a store with signboards offering 70% off on store products in downtown Sao Paulo, Brazil January 9, 2018. REUTERS/Paulo Whitaker BRASILIA (Reuters) – Economic activity in Brazil expanded for a third straight month in November, the longest stre... More »

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French growth to top forecasts this year: minister

FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference after a meeting about Lactalis baby milk contamination scandal at the Bercy Finance Ministry in Paris, France, January 12, 2018. REUTERS/Gonzalo Fuentes PARIS (Reuters) – French gross... More »

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Trio of surveys hint at UK investment letdown

FILE PHOTO: Workers are seen in the Canary Wharf financial district in London, Britain, November 11, 2013. REUTERS/Eddie Keogh/File Photo LONDON (Reuters) – Prospects that business investment in Britain will strengthen this year have been dealt an early blow b... More »

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Thai junta’s key economic project draws $9 billion investment

FILE PHOTO: A Thailand Baht note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo BANGKOK (Reuters) – The Thai military government’s plan to expand the industrial east drew more than $9 billion in pledges of private... More »

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Australia job vacancies climb to record in November quarter

A customer sits at a table behind a window displaying an employment sign in a cafe located in central Sydney, Australia, April 12, 2017. REUTERS/Steven Saphore SYDNEY (Reuters) – Job vacancies in Australia climbed to their highest on record in the three months... More »

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Euro zone factory growth surges to record- more uneven in Asia

FILE PHOTO: A container ship is seen at the shipping terminal Eurokai in the Port of Hamburg, Germany November 6, 2017. REUTERS/Fabian Bimmer/File Photo LONDON/HONG KONG (Reuters) – Euro zone factories ended 2017 growing at their fastest pace in more than two ... More »

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China expects 2018 industrial output to grow around 6 percent

FILE PHOTO: A worker jokes and beckons at her colleague as she rolls away carts of unused tools between rows of spinning machine at a factory owned by Hong Kong’s Novetex Textiles Limited in Zhuhai City, Guangdong Province, China December 13, 2016. REUTERS/Ven... More »

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Russian finmin sees economy growing 1.8-2 pct in 2017: Ifax

FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. REUTERS/Sergei Karpukhin/File Photo MOSCOW (Reuters) – Russia’s economy is expected to grow between 1.8 and ... More »

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China’s top leaders start annual economic meeting: Xinhua

China World Trade Center Tower III (L) and China Zun Tower under construction are pictured behind a Chinese flag in Beijing’s central business area, China December 14, 2017. REUTERS/Jason Lee BEIJING (Reuters) – China’s top leaders have started an annual meeti... More »

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BOJ’s tankan set to show big manufacturers’ mood improving

FILE PHOTO: A man walks past a factory at the Keihin industrial zone in Kawasaki, south of Tokyo, Japan, August 18, 2016. Picture taken on August 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – A measure of business confidence among big Japanese ... More »

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Unexpected decline in German exports narrows trade surplus

A containership is loaded at a terminal at the harbour in Hamburg, late March 30, 2011. REUTERS/Fabian Bimmer/File Photo BERLIN (Reuters) – German exports fell unexpectedly in October while vibrant domestic demand pushed up imports, narrowing its trade surplus... More »

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French industrial output surges unexpectedly in October

PARIS (Reuters) – French industrial output rose unexpectedly in October, blowing past forecasts as production of pharmaceutics and cars surged, figures from the INSEE official statistics agency showed on Friday. Industrial production rose 1.9 percent from Sept... More »

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China’s commodity imports roar back in November

FILE PHOTO: An employee rides a bike on a road near refinery plants of Chambroad Petrochemicals, in Boxing, Shandong Province, China, May 10, 2016. REUTERS/Meng Meng/File Photo BEIJING (Reuters) – China’s commodity imports roared back in November as supply wor... More »

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Strong November U.S. job gains anticipated- wages seen rising

Brochures are displayed for job seekers at the Construction Careers Now! hiring event in Denver, Colorado U.S. August 2, 2017. REUTERS/Rick Wilking WASHINGTON (Reuters) – U.S. job growth likely increased at a strong clip in November and wages rebounded as the ... More »

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China says 2018 growth target to reflect new changes in economy

A security guard walks on the bund in front of the financial district of Pudong in Shanghai, China July 27, 2017. REUTERS/Aly Song/Files BEIJING (Reuters) – China’s economic growth target for 2018 will reflect new changes in the economy as the government put m... More »

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BOJ’s Kuroda calls for reforms to better use fintech

Central Bank Governor Haruhiko Kuroda of the Bank of Japan attends ECB’s Central Bank Communications Conference in Frankfurt, Germany, November 14, 2017. REUTERS/Kai Pfaffenbach TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday urged financial... More »

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Global manufacturing buoyed as focus shifts to rate hikes

A manufacturer displays camera housing during the China Public Security Expo in Shenzhen, China October 30, 2017. Picture taken Octoberr 30, 2017. REUTERS/Bobby Yip LONDON/HONG KONG (Reuters) – Global manufacturing expanded at the fastest pace in years last mo... More »

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Uzbekistan opens the door, a crack

FILE PHOTO: Uzbekistani Som banknotes are seen in this picture illustration taken May 4, 2017. REUTERS/Mukhammadsharif Mamatkulov/Illustration/File Photo TASHKENT/ALMATY (Reuters) – Sensing change in his native Uzbekistan, Hikmat Abdurahmonov plans to build a ... More »