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China’s exports grow for first time in 6 months in relief for factories
Business
BEIJING, Dec 7(Reuters) – China’s exports grew for the first time in six months in November, suggesting factories in the world’s second-largest ...
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Asia factory activity weakens, uncertainty on China clouds outlook
Business
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. Picture ...
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US consumer spending cools; labor market gradually slowing
Business
Consumer spending increases 0.2% in October Personal income gains 0.2%; saving rate climbs to 3.8% Core PCE price index rises 0.2%; up ...
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US third-quarter growth revised higher; corporate profits rise strongly
Business
Third-quarter GDP growth raised to 5.2% rate from 4.9% Consumer spending revised lower Corporate profits increase 4.3% WASHINGTON, Nov 29 (Reuters) – ...
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Higher mortgage rates weigh on US new home sales in October
Business
New home sales drop 5.6% to a rate of 679,000 units Median house price plunges 17.6% to $409,300 from year ago WASHINGTON, ...
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Asia’s factories squeezed as China’s nascent recovery teeters
Business
Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken ...
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China factory activity unexpectedly shrinks in Oct, dents recovery momentum
Business
Manufacturing PMI unexpectedly falls Non-manufacturing PMI falls, as services and construction slow Metals prices and offshore yuan drop on PMI weakness Weak ...
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US weekly jobless claims hit nine-month low
Business
Weekly jobless claims decrease 13,000 to 198,000 Continuing claims increase 29,000 to 1.734 million Existing home sales fall 2.0% to 3.96 million ...
