German economy loses momentum at the end of Q2 – PMI

People walk on a field in front of the skyline, during the spread of coronavirus disease (COVID-19) in Berlin, Germany, April 1, 2020. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com register BERLIN, June 23 (Reuters) – The German economy, Europe’s largest, suffered a sharp loss of momentum at the preliminary end of … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Recession fear stalks oil, copper and stocks

LONDON, June 23 (Reuters) – Global markets fell on Thursday as investors worried that further rises in interest rates to decades-high inflation would tip economies into recession. The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers’ Index, while corresponding figures … Read more

GLOBAL ECONOMY U.S. recession fears darken outlook for global growth

LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing from Asia to Europe as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains, while the growing risk of a recession in the United States poses a new threat to the chains global economy. High prices in the euro zone meant demand for manufactured … Read more

Egypt private sector activity extends contraction in May as inflation weighs

An employee sprays disinfectant as a precautionary measure amid the coronavirus disease (COVID-19) pandemic in front of the Egyptian national flag at the State Council headquarters in Giza, Egypt October 19, 2021. REUTERS/Mohamed Abd El Ghany Register now for FREE unlimited access to Reuters.com register CAIRO, June 5 (Reuters) – Non-oil private sector activity in … Read more

Asia’s factory activity slows in May as China COVID curbs weigh

Employees work on the production line during an organized media tour to a Schneider Electric factory in Beijing, China February 17, 2022. REUTERS/Florence Lo Register now for FREE unlimited access to Reuters.com register Many Asian Economies see factory activity growth slow in May China’s private PMI contracts for 3rd month but at slower pace Japan’s … Read more

Decline in China’s factory activity slows as COVID curbs ease

Employees work on the production line during an organized media tour to a factory of Beijing Benz Automotive Co (BBAC), a joint venture by BAIC Motor and Mercedes-Benz, in Beijing, China February 17, 2022. REUTERS/Florence Lo/File Photo Register now for FREE unlimited access to Reuters.com register China May official manufacturing PMI higher than forecast PMI … Read more

Stocks dip, bonds drop as German surprise renews inflation fears

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register SINGAPORE, May 31 (Reuters) – Stocks wobbled and bonds fell in Asia, … Read more

Stocks see slight recovery but negative outlook persists

LONDON, May 10 (Reuters) – European stock indexes opened higher on Tuesday, with risk appetite showing some recovery after Monday’s sharp falls, but analysts said fears over lower growth were still weighing on markets. Asian equities slipped to their lowest in nearly two years overnight, before trimming losses. read more A tumble in stock markets … Read more

China’s trade seen faltering in April as COVID curbs hit output

Workers stand at the port of Qingdao, Shandong province, China June 10, 2019. REUTERS/Stringer/Files Register now for FREE unlimited access to Reuters.com register BEIJING, May 6 (Reuters) – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds … Read more