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Rory Fennessy - 1 lockdowns - 1 Toru Nishihama - 1 Siyi Liu China's - 1 Jonathan Cable - 1 Sam Holmes - 1 David Evans - 1
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Search resuls for: "Jonathan Cable Leika Kihara"


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☆ Global factory output slumps as weak demand weighs
  + stars: | 2023-07-03 | by ( Jonathan Cable Leika Kihara | Jonathan Cable | Leika Kihara | ) www.reuters.com   time to read: +5 min
In Asia, while factory activity expanded marginally in China, it contracted in Japan and South Korea as Asia's economic recovery struggled to maintain momentum. REUTERS/Siyi LiuChina's Caixin/S&P Global manufacturing PMI eased to 50.5 in June from 50.9 in May, the private survey showed. The figure, combined with Friday's official survey that showed factory activity extending declines, adds to evidence the world's No. South Korea's PMI fell to 47.8 in June, extending its downturn to a record 12th consecutive month on weak demand in Asia and Europe. Factory activity also contracted in Taiwan, Vietnam and Malaysia, the PMI surveys showed.
Persons: Rory Fennessy, lockdowns, Toru Nishihama, Siyi Liu China's, Jonathan Cable, Sam Holmes, David Evans Organizations: PMI, European Central Bank, Oxford Economics, P, Dai, Research, REUTERS, P Global, Reuters, Jibun, of, International Monetary Fund, Thomson Locations: Japan, South Korea, China, TOKYO, Europe, Britain, Asia, United States, European, U.S, Dezhou, Shandong province, South, Taiwan, Vietnam, Malaysia, of Japan's
☆ GLOBAL ECONOMY China's factories power ahead, inflation ticks up in Europe
  + stars: | 2023-03-01 | by ( Jonathan Cable Leika Kihara | Jonathan Cable | Leika Kihara | ) www.reuters.com   time to read: +5 min
"This is an encouraging set of data, but still is only one month, and challenges remain." Global oil prices went higher, underlining how a strong Chinese recovery could fuel global inflation through increased energy demand. STUBBORN INFLATIONIn Europe, German data showed the fight against inflation still has some way to go. Factory activity continued to shrink in Taiwan and Malaysia in February, and expanded at a slower pace in the Philippines, surveys showed. Separate data showed South Korea's exports fell 7.5% in February from a year earlier, marking the fifth straight month of declines, partly due to a plunge in semiconductor exports.
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