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Canada’s Ivey PMI rises to 7-month high in November

TORONTO (Reuters) – Canadian economic activity expanded at its fastest pace in seven months in November, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. The seasonally adjusted index rose to 54.7…
December 6, 2023

US construction spending rises in October

WASHINGTON(Reuters) – U.S. construction spending increased more than expected in October amid strong gains in single-family homebuilding, but data for the prior month was revised lower. The Commerce Department said on Friday…
December 1, 2023

Bitcoin rises 5.7% to $37,802

(Reuters) – Bitcoin rose 5.7 % to $37,802 at 2129 GMT on Wednesday, adding $2,044 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 42.5% from the year’s…
November 22, 2023

Sri Lankan inflation rises to 1% in October

COLOMBO (Reuters) – Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday. The National Consumer Price Index (NCPI), which captures…
November 21, 2023

US construction spending rises in September

WASHINGTON (Reuters) – U.S. construction spending increased in September, but momentum is slowing as the factory building boom fades. The Commerce Department said on Wednesday that construction spending rose 0.4%. Data for…
November 1, 2023

Japan’s Sept factory output rises less than expected

TOKYO (Reuters) -Japan’s factory output rose much less than expected in September, government data showed on Tuesday, as demand slowed significantly, adding to uncertainty hanging over the export-reliant economy’s outlook. Industrial output…
October 31, 2023

US manufacturing output rises solidly in September

WASHINGTON (Reuters) – Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output, further evidence that the economy exited the third quarter…
October 17, 2023

Death toll from Congo boat accident rises to 52

KINSHASA (Reuters) – The bodies of at least 52 people have been recovered from the Congo River after their boat capsized late last week, a provincial minister said on Monday, warning that…
October 16, 2023

US construction spending rises in August on homebuilding

WASHINGTON (Reuters) – U.S. construction spending increased in August, lifted by outlays on single- and multi-family housing, though mortgage rates at nearly 23-year highs could slow momentum. The Commerce Department said on…
October 2, 2023