TOKYO, June 21 Reuters Japan39;s factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on Friday. The au Jibun Bank flash Japan manufacturing purchasing managers39; index PMI stood at 50.1 in June, down slightly from 50.4 in […]

LONDON, June 21 Reuters British retail sales volumes rose 2.9 in May, rising sharply from a revised 1.8 fall in April when heavy rain kept shoppers away, the Office for National Statistics said on Friday. Economists polled by Reuters had on average forecast sales volumes would increase by 1.5 on the month. Sales volumes in […]

LONDON, June 21 Reuters British retail sales jumped sharply last month after heavy rain kept shoppers away in April, official figures showed on Friday, in a minor boost for Prime Minister Rishi Sunak ahead of the July 4 election. Sales volumes rose 2.9 in May, up from a revised 1.8 fall in April, the Office […]

SHANGHAISINGAPORE, June 21 Reuters A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China39;s domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to the closest betteryielding assets. The yuan has dropped to sevenmonth lows this week, alongside a reversal in equity investment […]

German Economy Minister Habeck on visit to Beijing USGerman trade overtook ChinaGerman volumes in early 2024 China slowdown, geopolitical factors due to weigh further BEIJING, June 21 Reuters Economy Minister Robert Habeck will underline Germany39;s resolve to pursue commercial links with China during a visit starting Friday but trade experts say economic and political factors […]

LONDON, June 21 Reuters Euro zone business growth slowed sharply this month as demand fell for the first time since February, a survey found, with the bloc39;s services industry showing some signs of weakening while the downturn in manufacturing took a turn for the worse. That was despite the European Central Bank delivering a widely telegraphed cut […]

TOKYO, June 21 Reuters Japan on Friday affirmed its pledge to deliver a primary budget surplus by the next fiscal year, reflecting concerns that its exit from the ultra low interest rate environment could boost government debt burden. The renewed commitment to the target was included in Japan39;s annual economic and fiscal policy guidelines, which […]