TOKYO, March 1 Reuters Japan39;s factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies39; struggles amid a global economic slowdown, raw material inflation and policymakers39; calls for higher wages. The final au Jibun Bank Japan Manufacturing Purchasing Managers39; Index released on Wednesday fell to 47.7 in February from January39;s […]

BERLIN, March 1 Reuters Significantly fewer German companies are planning to raise their prices in the next three months than a month ago, a survey by the Ifo economic institute showed on Wednesday, pointing to a decrease in inflationary pressures in the coming months. For the economy as a whole, Ifo39;s price expectations index fell […]

SYDNEY, March 1 Reuters Australia39;s economy grew at its weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a further slowdown lies ahead. Indeed, without the sizeable contribution from trade, the economy would actually have contracted in the December […]

March 1 Reuters Goldman Sachs raised its estimate for peak interest rate hike by the European Central Bank for the second time in as many weeks, saying it now expects rates to go up by 50 basis points bps in the ECB39;s May meeting. That would take the central bank39;s terminal rate to 3.75 by […]

SHANGHAI, March 1 Reuters U.S. businesses operating in China are increasingly pessimistic about their prospects in the world39;s secondlargest economy, according to a survey released Wednesday by the American Chamber of Commerce in China. For the first time in the 25year history of AmCham China39;s business sentiment survey, a majority of responding companies said China […]

Feb official manufacturing PMI highest since April 2012 Nonmanufacturing PMI highest since March 2021 BEIJING, March 1 Reuters China39;s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smashing expectations as production zoomed after the lifting of COVID19 restrictions late last year. The manufacturing […]