TOKYO, March 1 Reuters Japan39;s factory activity shrank at the fastest pace in over threeandahalf years in February, a privatesector survey showed on Friday, as weakening demand worsened the economic outlook. The final au Jibun Bank Japan manufacturing purchasing managers39; index PMI shrank to 47.2 in February from 48.0 in January. It was the ninth […]

SEOUL, March 1 Reuters South Korean export growth exceeded market forecasts in February, trade ministry data showed on Friday, expanding for a fifth successive month as a surge in semiconductor demand made up for a decline in vehicle sales. Exports from Asia39;s fourthlargest economy rose 4.8 from the same month a year earlier to 52.41 […]

BEIJING, March 1 Reuters China39;s manufacturing activity in February shrank for a fifth straight month, an official survey showed on Friday, raising pressure on Beijing to roll out more stimulus measures as the parliament prepares for a key annual meeting next week. The official manufacturing purchasing managers39; index PMI, compiled by the National Bureau of […]

March 1 Reuters Asia39;s major manufacturing economies struggled to claw their way out of decline in February with Japan particularly squeezed by a steeper fall in demand while an uneven recovery in China overshadowed some signs of improvement elsewhere in the region. A raft of business surveys released on Friday highlighted a patchy performance across […]

MUMBAI, March 1 Reuters India39;s thirdquarter gross domestic product GDP, which rose by a strongerthanexpected 8.4 compared to a year ago, may be overstating growth, economists said, pointing to a more modest increase in gross value added in the economy. Alongside GDP, the government39;s statistical office releases data for gross value added GVA, which is […]

March 1 Reuters UK property portal Rightmove forecast on Friday a 79 revenue growth for the current financial year after posting a rise in 2023 profit, in line with market view, as customers upgrade packages and increase their use of digital products. The runaway market leader has benefited from resilient traffic on its portal as homebuilders […]

LONDON, March 1 Reuters British house prices in February rose in annual terms for the first time in more than a year, mortgage lender Nationwide Building Society said on Friday, the latest sign of a recovery in the housing market after a dip in mortgage costs. House prices were 1.2 higher than in February 2023, […]

LONDON, March 1 Reuters British manufacturers marked a year of falling output in February as factories shed workers at the fastest rate since the onset of the COVID19 pandemic, a survey showed on Friday. While the SP GlobalCIPS UK Manufacturing Purchasing Managers39; Index PMI rose last month to 47.5 from 47.0 in January revised up […]