SEOUL, May 31 Reuters South Korea39;s factory production and retail sales fell in April, underscoring another tough quarter after the economy narrowly averted a recession in the first three months of the year. Factory production in April fell 1.2 from March, on a seasonally adjusted basis, official data showed on Wednesday, slightly softer than a […]

Manufacturing PMI unexpectedly falls Nonmanufacturing PMI falls, as services slow PMIs show economic recovery losing steam Markets skid on PMI weakness BEIJING, May 31 Reuters China39;s factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic recovery and knocking Asian financial markets lower. The […]

SYDNEY, May 31 Reuters Australian consumer prices rose by more than expected in April on a jump in fuel prices and strong gains in housing, suggesting sticky inflation will likely keep pressure on the central bank. The consumer price index CPI rose 6.8 in April from a year earlier, Australian Bureau of Statistics data showed […]