China Q1 Accommodation, Catering Sector Shrinks for First Time since 2020

BEIJING, April 19 Reuters China39;s accommodation and catering sector contracted in JanuaryMarch from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on travel and socialdistancing rules. The sector39;s output shrank by an inflationadjusted 0.3 in JanuaryMarch to 386.1 billion yuan 60.6 billion, the National Bureau […]
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Turkish House Sales Rise 20.6 in March on the Year

ISTANBUL, April 15 Reuters Turkish house sales rose 20.6 in March on the year to 134,170 houses, data from the Turkish Statistical Institute showed on Friday. Sales to foreigners rose 31, the institute said, with Iranian citizens topping the list. Iraqis and Russians were the next biggest buyers of Turkish properties, it added. Wealthy Russians […]
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New Zealand Manufacturing Improves a Touch in March

WELLINGTON, April 14 Reuters Manufacturing activity in New Zealand in March improved a tad due to strong new orders and positive employment, a survey showed on Thursday. The Bank of New ZealandBusiness NZ39;s seasonally adjusted Performance of Manufacturing Index PMI rose to 53.8 from 53.6 the previous month. A reading above 50 indicates an expansion […]
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Australian Unemployment Holds at 4 in March

SYDNEY, April 14 Reuters Australia39;s unemployment rate held at a 13year low in March as jobs growth slowed after months of strong gains, though recordhigh vacancies suggest it is only a matter of time before unemployment falls further. Figures from the Australian Bureau of Statistics on Thursday showed a jobless rate of 4.0, when analysts […]
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Chinas Imports Unexpectedly Fall on Domestic COVID Curbs

March export growth eases slightly but beats forecasts March imports unexpectedly fall Ukraine war, COVID lockdowns taking a toll BEIJING, April 13 Reuters China39;s imports unexpectedly fell in March as COVID19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect a worsening […]
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