BERLIN (Reuters) – German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for manufacturing, which... More »
1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increases have stemmed coronavirus-linked economic damage, fuelling ... More »
LONDON/TOKYO (Reuters) – Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging from the hit of the cor... More »
MADRID (Reuters) – Spanish factory activity expanded in July, rebounding from its worst slowdown in almost 12 years as the economy revived after the government ended one of Europe’s strictest coronavirus lockdowns a month earlier, a survey showed on Monday. In... More »
BERLIN (Reuters) – The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta told La Repubblica, adding that he saw no need to make any tweaks to the bank’s massive asset purchase progra... More »
OTTAWA (Reuters) – Producer prices in Canada gained 0.4% in June from May, primarily on higher prices for energy and petroleum products, Statistics Canada said on Friday in a preliminary flash estimate. Energy and petroleum prices jumped 11.7%, the agency said... More »
BERLIN (Reuters) – Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lift... More »
LONDON (Reuters) – A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears new COVID-19 hot spots across the world might jeopardise the swift recovery from the pandemic investors are hoping for... More »
LONDON (Reuters) – Euro zone manufacturers appear to have passed their nadir, a survey showed on Monday, but activity is still contracting sharply as government-imposed lockdowns due to the coronavirus pandemic keep demand in check. Many countries in the bloc ... More »
LONDON (Reuters) – Britain’s construction sector saw the sharpest fall in activity since the financial crisis last month, a survey showed on Monday, despite facing much less pressure than other industries to shut down operations due to the coronavirus. The fig... More »
LONDON (Reuters) – 1/LOOKING TO CHINA The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close. How China fares offers a guide to other countries when their corona... More »
WASHINGTON (Reuters) – U.S. services sector activity slowed to a more than 3-1/2-year low in March, with industries reporting a moderation in new orders and decline in employment amid the coronavirus pandemic, which has brought the country to sudden stop. The ... More »
LONDON (Reuters) – Deutsche Bank slashed its forecast for Germany’s economy on the coronavirus fallout, saying it now expected the euro zone’s largest economy to contract between 4-5% in 2020 while industrial production could shrink by 10%. “Within days lockdo... More »
NEW YORK (Reuters) – The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict. Wall Street strategists have been slashing forecasts as the impact from the virus is set to be felt far further than the first quart... More »
LONDON (Reuters) – The euro struggled near 3-year lows on Monday as investors worried about weakening growth in the region, while Chinese efforts to limit the damage from a coronavirus outbreak appeared to calm markets, with the yuan and Australian dollar gain... More »
LONDON (Reuters) – British manufacturers cut jobs last month at the fastest rate since 2012, a survey showed on Monday, as pressures from Brexit and a global trade slowdown caused the sector’s longest decline since the financial crisis. The IHS Markit/CIPS man... More »
LONDON (Reuters) – Euro zone manufacturing activity contracted for a 10th straight month in November although the bloc’s battered factories may have turned a corner as forward-looking indicators in Monday’s survey appear to have passed a nadir. IHS Markit’s fi... More »
LONDON (Reuters) – Stock markets rebounded on Monday as decent manufacturing data in China and renewed optimism over a trade deal eroded some of the jitters which emerged among investors last week. The recovery in Europe followed gains in Asia, where share pri... More »
BERLIN (Reuters) – Germany’s export-dependent manufacturing sector contracted at a slower pace for the second month in a row in November, a survey showed on Monday, as companies sounded optimistic about their future business. IHS Markit’s Purchasing Managers’ ... More »
SINGAPORE (Reuters) – Oil prices slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved as an ongoing trade war with the United States weighs on demand growth at the world’s largest crude importer. Brent crude LCOc1 fut... More »
BEIJING (Reuters) – Factory activity surveys in China pointed to slight improvement in September as domestic demand picked up, but analysts believe the gains will be short-lived as the property market cools and Sino-U.S. trade tensions remain elevated. Persist... More »
BEIJING(Reuters) – China’s factory activity unexpectedly expanded at the fastest pace in 19 months in September as plants ramped up production and new orders rose, a private business survey showed on Monday, suggesting a modest recovery in the manufacturing se... More »
BEIJING (Reuters) – Growth in China’s services sector activity slowed slightly in September, official data showed on Monday. The official non-manufacturing Purchasing Managers’ Index (PMI) fell to 53.7 from 53.8 in August, but stayed well above the 50-point ma... More »
NEW YORK (Reuters) – The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity readings in Europe deepened fears of a looming recession there. Bond yields across the euro ... More »
BENGALURU (Reuters) – Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and cost pressures increased, a private sector survey showed on Monday. The survey comes after offi... More »
TOKYO (Reuters) – The bitter trade war between China and the United States kept Asian factory activity mostly in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks. In a sur... More »
LONDON (Reuters) – Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, according to a survey on Monday that suggested there would be no quick turnaround. The downbeat data will likely add to calls for t... More »
TOKYO (Reuters) – Factory activity shrank in most Asian countries in June as the simmering U.S.-China trade conflict put further strains on the region’s manufacturing sector, keeping policymakers under pressure to deploy stronger steps to avert a global recess... More »
MOSCOW, (Reuters) – Russian manufacturing activity contracted in May for the first time in nine months, the Markit purchasing managers’ index (PMI) showed on Monday, driven by a faster-than-expected decline in employment. The index’s headline reading fell to 4... More »
BENGALURU, (Reuters) – India’s manufacturing sector expanded at its quickest pace in three months in May on improved output and new orders, according to a private business survey which also showed a pick up in hiring. The survey found increased optimism about ... More »
WASHINGTON (Reuters) – U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter. The economic outlook... More »
FRANKFURT (Reuters) – The U.S. and euro zone economies remain a world apart and growth data due in the coming days will only highlight the widening gap, suggesting that monetary policy will continue to move in opposing directions on the two sides of the Atlant... More »
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 »
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 »
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 »
BEIJING (Reuters) – Growth in China’s vast manufacturing sector is expected to have eased slightly in April, as factory-gate prices stayed subdued in a possible sign of slowing domestic demand, while a simmering Sino-U.S. trade row heightened risks for the ind... More »
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 »
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 »
The famous skyline with its banking district is pictured in early evening next to the Main River in Frankfurt, Germany, January 19, 2016. REUTERS/Kai Pfaffenbach BERLIN, (Reuters) – Growth in Germany’s private sector slowed in February from a month earlier but... More »
A general view shows the Eiffel Tower and the financial and business district in La Defense, west of Paris, France November 22, 2017. REUTERS/Gonzalo Fuentes PARIS, (Reuters) – French business activity softened more than first thought in February, growing at t... More »
Waiters from “Los Galayos” restaurant put away tables and chairs for the night in the Plaza Mayor in Madrid, Spain, September 16, 2017. REUTERS/Paul Hanna MADRID, (Reuters) – Spain’s service sector, which accounts for around half of total economic activity, ex... More »
FILE PHOTO: A picture illustration taken with the multiple exposure function of the camera shows a one Euro coin and a map of Europe, January 9, 2013. REUTERS/Kai Pfaffenbach LONDON, Feb 5 (Reuters) – Euro zone businesses started 2018 by increasing activity fa... More »
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 »
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 »
FILE PHOTO: An employee works at a beer production line at Japanese brewer Kirin Holdings’ factory in Toride, Ibaraki Prefecture, Japan July 14, 2017. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japanese manufacturing activity expanded at the fastest p... More »
Activity in China's manufacturing sector likely grew at a slightly slower pace in October as the government began a major crackdown on air pollution, ordering many steel mills, smelters and factories to curtail or halt production over the winter, a Reuters pol... More »
Business activity in China's services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. More »
Germany's services enjoyed vibrant activity in August, pushing up price pressures in the sector and boosting overall private sector growth, a survey showed on Tuesday, suggesting that a solid upswing in Europe's biggest economy is set to continue. More »
India's economic growth likely accelerated to 6.6 percent in the quarter just ended, but analysts polled by Reuters are sounding increasingly worried that confusion over a new goods and services tax will dampen activity in coming months. More »
FILE PHOTO: Employees work at a engine factory of CSSC Wartsila Engine (Shanghai) Co. Ltd in Shanghai, China June 13, 2017. Factories in China and Japan motored ahead in July, giving investors optimism that the global economy can carry momentum through into th... More »
FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, Japan, January 16, 2017. – Japan’s manufacturing activity grew in July at the slowest pace in eight months as export demand weakened, a private survey showed on... More »
Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, d... More »
A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »
FILE PHOTO: Finished cars are stored at the SEAT factory in Martorell, near Barcelona, Spain March 24, 2017. REUTERS/Albert Gea/File Photo Factories across the euro zone rounded off the first half of 2017 by ramping up activity at the fastest rate for over six... More »
FILE PHOTO: A woman is pictured at work at the Ford Fiesta assembly line in Cologne, Germany, January 6, 2016. REUTERS/Wolfgang Rattay/File Photo Germany’s private-sector grew at a slower pace in June, a survey showed on Friday, mainly weighed down by weaker a... More »
FILE PHOTO: A man looks at campaign posters of the 11th candidates who run in the 2017 French presidential election in Saint Andre de La Roche, near Nice, France, April 10, 2017. L-R : Nicolas Dupont-Aignan, Debout La France group candidate, Marine Le Pen, Fre... More »
FILE PHOTO: A worker installs rubber onto the windows of the doors along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province May 5, 2014. REUTERS/Stringer/File Photo Factories across much of Asia pos... More »
Japanese manufacturing activity expanded in March at a slightly slower pace than the previous month as growth in new export orders and output slowed, a revised survey showed on Monday. More »
Lights are on as people work in their offices in a skyscraper in downtown Milan, February 17, 2015. REUTERS/Stefano Rellandini/File Photo Businesses across the euro zone marked the end of the first quarter by ramping up activity at the fastest pace in almost s... More »
Lights are on as people work in their offices in a skyscraper in downtown Milan, February 17, 2015. REUTERS/Stefano Rellandini/File Photo Businesses across the euro zone marked the end of the first quarter by ramping up activity at the fastest pace in almost s... More »
FILE PHOTO: Containers are seen at an industrial port in Yokohama, Japan, January 16, 2017. REUTERS/Kim Kyung-Hoon Japan’s exports probably rose at the fastest pace in two years in February thanks to a softer yen and improving global demand, a Reuters poll sho... More »
A man works at the assembly line in the truck production plant of truck and bus-maker MAN AG in Munich, Germany July 30, 2015. REUTERS/Michaela Rehle Activity in euro zone businesses grew at its quickest pace in nearly six years in February and job creation re... More »
Businessmen are seen on the esplanade of La Defense, in the financial and business district in La Defense, west of Paris, September 19, 2014. REUTERS/Christian Hartmann Activity in the French private sector picked up in February to expand at a pace not seen si... More »
Loading cranes are seen at a shipping terminal in the harbour in Hamburg September 18, 2014. Picture taken September 18. REUTERS/Fabian Bimmer Growth in Germany’s services sector accelerated in February after weakening to a four-month low at the start of the y... More »
A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer Activity in China’s services sector expanded at the slowest pace in four months in Fe... More »
A man works at the assembly line in the truck production plant of truck and bus-maker MAN AG in Munich, Germany July 30, 2015. REUTERS/Michaela Rehle Euro zone manufacturing growth accelerated to a six-year high in February as a weaker euro helped drive strong... More »
An employee works on an assembly line producing automobiles at a factory in Qingdao, Shandong Province, China, March 1, 2016. REUTERS/Stringer/File Photo Asian factories extended a global manufacturing revival as activity picked up steam in February, though th... More »
A factory floor of XCMG Group is seen in Xuzhou, Jiangsu province, China August 14, 2015. REUTERS/Brenda Goh/File Photo Activity in China’s manufacturing sector likely grew modestly for the seventh month in a row in February as resources prices extended a rapi... More »
Employees use sewing machines as they work at the Royal Mer Bretagne factory, a specialist in French manufactured knitted clothes, in La Regrippiere, western France, November 28, 2016. REUTERS/Stephane Mahe Eurozone private sector and manufacturing growth unex... More »
FILE PHOTO:A Greek flag flutters in front of the ancient Parthenon temple atop the Acropolis hill archaeological site in Athens, Greece, June 26, 2015. REUTERS/Marko Djurica/File Photo It seems as if we have been here before: the euro zone fretting that a cris... More »
Rolls of steel are stacked inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan August 26, 2016. REUTERS/Tyrone Siu/File Photo China’s factory activity picked up more than expected in December as demand accelerated, with output reaching a ... More »
Chinese 100 yuan banknotes are seen in this picture illustration taken in Beijing July 11, 2013. REUTERS/Jason Lee/File Photo Growth in China’s services sector accelerated to a 16-month high in November, a private survey showed, though the increase in new orde... More »
Business activity growth in the United Arab Emirates’ non-oil private sector rebounded slightly in November from a six-month low in October, according to a corporate survey published on Monday. More »
A worker walks inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan August 26, 2016. REUTERS/Tyrone Siu/File Photo Activity in China’s manufacturing sector likely held onto a modest expansionary trend this month, a Reuters poll showed, as ... More »
An assembly line to produce hybrid engine’s motor is pictured at Honda’s transmission factory in Hamamatsu, Japan, August 23, 2016. REUTERS/Kim Kyung-Hoon Japanese manufacturing activity expanded in October at the fastest pace in nine months as new orders rose... More »
A chimney emitting fire is seen in a factory at Keihin industrial zone in Kawasaki, Japan, September 14, 2016. Picture taken September 14, 2016. REUTERS/Toru Hanai Japanese manufacturing activity expanded for the first time in seven months in September, a priv... More »
LONDON/SYDNEY British manufacturers slammed on the brakes last month after the Brexit vote and growth eased in the euro zone, surveys indicated, with factories in China, Japan and elsewhere in Asia offering only crumbs of comfort. A U.S. version due later Mond... More »
LONDON Aug 1 – Manufacturing growth across the euro zone eased in July, a survey showed on Monday, and signs of a sharper slowdown outside powerhouse Germany may add to calls for the European Central Bank to loosen policy again. Markit’s Purchasing Managers’ I... More »
BEIJING Activity in China’s manufacturing sector eased unexpectedly in July as orders cooled and flooding disrupted business, an official survey showed, adding to fears the economy will slow in coming months unless the government steps up a huge spending spree... More »
BENGALURU/SYDNEY Asian factories barely grew in April and those in the euro zone did little better despite heavy discounting, setting a sluggish tone on Monday for the global economy in the second quarter. Japanese manufacturing activity shrank last month at t... More »
SYDNEY January updates on Asia’s mammoth factory sector released on Monday showed the new year began much as the old one ended – with too much capacity chasing too little demand. China was again the epicentre of disappointment as its official measure of manufa... More »
SHANGHAI China’s manufacturing activity contracted at its fastest pace in almost three-and-a-half years in January, an official survey showed, suggesting the world’s second largest economy is off to a weak start in 2016 and adding to the case for near-term sti... More »
BEIJING Activity in China’s manufacturing sector contracted more than expected in January, missing market expectations and weaker than the previous month, an official survey showed on Monday. The official Purchasing Managers’ Index (PMI) stood at 49.4 in Janua... More »
BENGALURU/NEW YORK The global economy finished last year on a fragile footing, with factory activity in China shrinking for the 10th month running in December, while euro zone manufacturing picked up but U.S. activity slowed. Coming on a day of volatility in A... More »
LONDONEuro zone private business growth remained tepid last month but activity in China’s services industry expanded at its fastest pace in three months, easing concerns about persistent weakness in its economy, surveys showed on Wednesday. There was little si... More »
SYDNEY Activity in China’s colossal factory sector shrank in October as global demand stuttered, reinforcing the case for more stimulus and questioning whether the Federal Reserve can be confident enough to raise U.S. interest rates this year. A crop of indust... More »
BEIJING China’s factory activity fell for an eighth straight month in October but at a slower pace as export orders flickered into life, a private survey showed on Monday, pointing to continued sluggishness in the world’s second-largest economy. The Caixin/Mar... More »
TOKYO Nov 2 Japanese manufacturing activity in October expanded at the fastest pace in a year as new domestic and export orders increased, a private business survey showed on Monday. The Markit/Nikkei Japan Final Manufacturing Purchasing Managers Index (PMI) r... More »
TOKYO, Oct 5 – Japan’s services sector expanded in September at a much slower pace compared with the previous month as new business slackened in a sign that domestic demand ended the third quarter on a soft note. The Markit/Nikkei Japan Services Purchasing Man... More »
BENGALURU/LONDON World economic growth lost momentum in September, with China’s factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady. The latest business surveys across Asia, Europe and the Americas paint a gloomier ... More »
LONDON/NEW YORK Global manufacturing and service sector activity expanded in August at the same pace as in July, with both the U.S. and euro zone doing better than Asia, according to purchasing manager surveys. “Scratching beneath the headline numbers, however... More »
LONDON China’s giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. Stocks on major markets tumbled along with com... More »
LONDON, Euro zone manufacturing growth eased last month, despite factories barely raising prices, adding to the European Central Bank’s woes as it battles to spur expansion and inflation, a survey showed. Tuesday’s disappointing readings come almost half a yea... More »
LONDON/SYDNEY Economic headwinds facing Chinese manufacturers intensified last month, with conditions deteriorating to their weakest level in two years, while euro zone factories largely shrugged off Greece’s brush with bankruptcy. July was a fraught month for... More »
SYDNEY Headwinds for the world’s second-biggest economy intensified at the start of the third quarter, with manufacturing conditions in China deteriorating to their worst in two years in July and triggering fresh slides in global commodity prices. Similar busi... More »
LONDON/NEW YORK The global economy started the second half of the year on shaky ground with China’s factory sector activity contracting in July at the fastest pace in 15 months and euro zone manufacturing weaker than expected, although U.S. activity picked up.... More »
