BANGKOK, Oct 1 Reuters Thailand39;s exports are expected to rise 2 this year, the upper end of a previous forecast of 1 to 2 growth, but the rapidly strengthening baht could be a challenge for the rest of the year, the Thai National Shippers39; Council said on Tuesday. The baht reached its highest level in […]

Factory activity in Japan shrinks in September, slows in Taiwan South Korea39;s export growth slows on soft U.S. demand China39;s stimulus may offer relief for Asia39;s exporters TOKYO, Oct 1 Reuters Asia39;s factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging outlook, privatesector surveys showed, keeping policymakers […]

BRUSSELS, Sept 30 Reuters The European Commission has told EU countries it will continue negotiations with China even after they vote on its proposal to impose final import tariffs on Chinese electric vehicles, sources familiar with the plans said. The Commission, which is conducting an antisubsidy investigation into EVs made in China, has sent its […]

Official factory PMI shrinks in Sept, albeit more slowly Private survey reading falls notably from August expansion Official services PMI cools for 1st time since December Expectations on fiscal aid rise to spur growth momentum BEIJING, Sept 30 Reuters China39;s factory activity shrank for a fifth straight month and the services sector slowed sharply in […]

TOKYO, Sept 30 Reuters Japan39;s factory output tumbled last month driven by typhoonled disruptions in motor vehicle production and weak U.S. sales, with the government and analysts cautioning about a subdued outlook that raises the hurdle for a solid economic recovery. Industrial output fell 3.3 in August from the previous month, data released by the […]

Banks cut rates by about 50 bps on existing mortgage loans Three major cities lift key home purchase restrictions Measures aim to boost weak property market, consumption BEIJING, Sept 29 Reuters China39;s central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of […]

SEOUL, Sept 30 Reuters South Korea39;s factory output in August beat market expectations and increased by the most in a year, led by production of cars and chips, government data showed on Monday. The industrial output index rose 4.1 over the month on a seasonally adjusted basis, after a dip of 3.9 the previous month, […]

LONDON, Sept 30 Reuters British economic output grew by 0.5 in the second quarter, slightly slower than previously thought, figures from the Office for National Statistics showed on Monday. A preliminary ONS estimate for the second quarter had shown domestic product growth at 0.6. Economists polled by Reuters did not expect the quarterly growth pace […]

HONG KONG, Sept 30 Reuters Shares of China39;s property developers soared on Monday, with broad doubledigit gains, as investors cheered easier home purchase rules in major cities and Beijing39;s latest burst of stimulus to boost confidence in the depressed sector and the economy. China39;s Politburo pledged last week to strive to achieve the 2024 economic growth target […]

NEW DELHI, Sept 28 Reuters India gave the goahead on Saturday for exports of nonbasmati white rice to resume as inventories in the world39;s biggest exporter of the grain surge and farmers prepare to harvest a new crop in the coming weeks. Bigger rice shipments from India would beef up overall global supplies and soften […]