Wednesday 23 July 2014

Global factory growth accelerates in Nov

Increasing demand for manufactured goods drove global factory activity higher last month but the spurt in the euro zone masked a widening disparity among some of the bloc's key members. As year-end approaches, the global econo


Cross currents to slow, not halt Chinese growth

China's monthly data deluge is likely to confirm that the world's second-largest economy is still moving down through the gears but is not about to come to a screeching halt. Beijing is walking a fine line.


Weak China factory activity deepens growth worries

Growth in China's vast factory sector slowed to multi-month lows in June on faltering new orders, a pair of surveys showed on Monday, boding ill for the world's second-largest economy still smarting from fears of a credit crunch.


Euro zone factory data suggest recession

The downturn in euro zone manufacturing in October was even deeper than previously thought, according to "grim" business surveys on Wednesday that showed the currency union's debt crisis is dragging its economy back into recession. The fin


Saudi business activity rebounds

Growth in business activity in Saudi Arabia's non-oil private sector rebounded slightly in October from a series low in the previous month, boosted by a rise in new orders. The SABB HSBC Saudi Arabia Purchasing Managers' Index, which measu


End of euro zone factory ‘downturn within sight’

The deterioration of the euro zone's factory sector looked closer to ending in July, a survey suggested on Monday, with modest output growth in three of the bloc's biggest economies, Germany, France and Spain.  Markit said its revise

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