US March deficit shrinks as outlays fall, tax receipts rise
(Reuters) – The U.S. federal budget deficit shrank in March from a year earlier as outlays dropped and receipts rose with the annual tax-filing season … Read more
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China’s factory activity shrinks again, weak demand hobbles economy
BEIJING (Reuters) -China’s manufacturing activity contracted for the fourth straight month in January, an official factory survey showed on Wednesday, suggesting the sprawling sector and … Read more
Irish Q4 GDP shrinks 0.7% q/q – preliminary estimate
DUBLIN (Reuters) – Irish gross domestic product contracted by 0.7% quarter-on-quarter between October and December and stood 3.4% lower than a year ago, according to … Read more
Haiti’s police force shrinks amid gang crisis -union
PORT-AU-PRINCE (Reuters) – Haiti’s national police has lost nearly 3,300 officers in three years, according to data from the force’s main trade union, as under-gunned … Read more
Annual foreign investment flows into China shrinks first time since 2012
By Joe Cash BEIJING (Reuters) – Foreign direct investment into China shrank for the first time in over a decade in 2023, data released by … Read more
Euro zone current account surplus shrinks in Nov
FRANKFURT (Reuters) – The euro zone’s current account surplus declined in November on lower primary income, which typically includes the flow of profits, wages, interest … Read more
Canadian service economy shrinks for seventh straight month
By Fergal Smith TORONTO (Reuters) – Activity in Canada’s service sector deteriorated for a seventh consecutive month in December as elevated borrowing costs weighed on … Read more
Swedish economy in recession as Q3 GDP shrinks more than expected
By Johan Ahlander STOCKHOLM (Reuters) – Sweden’s economy entered recession in the third quarter, which contracted 0.3% from the previous one, as higher interest rates … Read more
Euro zone corporate lending contracts as economy shrinks: ECB data
FRANKFURT (Reuters) -Bank lending to businesses across the euro zone fell for the first time since 2015 last month, data from the European Central Bank … Read more
Germany’s economy shrinks slightly in third quarter
BERLIN (Reuters) -Germany’s economy shrank slightly in the third quarter compared with the previous three months, data from its statistics office showed on Friday. The … Read more
Japan’s factory activity shrinks for 6th month on weak demand – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a sixth straight month in November, while modest growth in the service sector was little changed, a … Read more
US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods
By Tom Polansek CHICAGO (Reuters) – The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s … Read more
French services sector shrinks less than first thought in Sept -PMI
PARIS (Reuters) – France’s services sector shrank slower than first estimated in September but still at the fastest rate in almost three years as falling … Read more
French manufacturing activity shrinks faster in September – PMI
PARIS (Reuters) – France’s ailing manufacturing sector contracted for the eighth month in a row in September, with production and new orders falling at their … Read more
Italy’s manufacturing shrinks in Sept, no respite in sight – PMI
ROME (Reuters) – Italy’s manufacturing sector contracted in September for a sixth consecutive month, a survey showed on Monday, amid persistent declines in output and … Read more
Spanish factory activity shrinks for sixth straight month in Sept -PMI
MADRID (Reuters) – Factory activity in Spain shrank again in September as market conditions and high prices weighed on manufacturers, who also shed jobs as … Read more
Japan’s factory activity shrinks, service sector growth slows in Sept – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for the fourth straight month and the service sector growth slipped to an eight-month low, a survey showed … Read more
Argentina’s economy shrinks for first time in nearly three years
BUENOS AIRES (Reuters) – Argentina’s economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country’s statistics agency said on Tuesday, slightly … Read more
German service sector activity shrinks in Aug for first time in 2023 -PMI
BERLIN (Reuters) – Activity in Germany’s services sector contracted in August for the first time this year, a survey showed on Tuesday. The HCOB final … Read more
French services sector shrinks more than first thought in Aug -PMI
PARIS (Reuters) – France’s dominant services sector contracted more than first estimated in August as another fall in new orders weighed on business in the … Read more
South Korea factory activity shrinks at quicker pace in August – PMI
By Jihoon Lee SEOUL (Reuters) – South Korea’s factory activity weakened at a faster pace in August, extending its longest-ever slump by another month as … Read more
Japan’s factory activity shrinks, squeezed by costs – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost … Read more
Sweden’s economy shrinks in Q2, but less than feared
STOCKHOLM (Reuters) – The Swedish economy shrank in the second quarter, primarily due to slower exports and decreased trade inventories, though the contraction was smaller … Read more
Column-China, Japan share of U.S. bond market shrinks to record low: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – What if Japan or China intervened in the foreign exchange market to sell dollars and support their currencies … Read more
Japan’s factory activity shrinks at slower pace in Aug – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August amid higher oil prices and uncertainty over the global economic outlook, … Read more
Peru economy shrinks for two straight quarters, minister denies recession
(Reuters) – Peru’s finance minister said on Tuesday that preliminary data showed the country’s economy shrank in June, marking two consecutive quarters of contraction, which … Read more
Spain’s factory activity shrinks again in July on weak demand -PMI
MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand for Spanish goods weakened, a … Read more
German manufacturing shrinks in June as demand weakens-PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both output and new orders falling, … Read more
Italy’s manufacturing shrinks at steepest rate since COVID lockdowns – PMI
ROME (Reuters) – Italy’s manufacturing sector contracted in June at the steepest rate in over three years, a survey showed on Monday, signalling a recession … Read more
Fed’s lending to banks shrinks in latest week
(Reuters) – Federal Reserve lending to banks shrunk modestly in the latest week, central bank data released Thursday showed. The Fed lent banks $3.2 billion … Read more
Tesla to hit record quarterly sales in China even as market share shrinks – analysts
SHANGHAI (Reuters) – Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as … Read more
German manufacturing shrinks at fastest in 3 years in May -PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in three years in May and output fell for the first time in four … Read more
Irish manufacturing activity shrinks at fastest in 3 years in May
DUBLIN (Reuters) – Irish manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that … Read more
Canada’s 2022-23 fiscal year budget deficit shrinks to C$41.31 billion
OTTAWA, May 26 (Reuters) – Canada’s budget deficit in fiscal 2022/23 shrank to C$41.31 billion ($30.89 billion) from C$95.57 billion in the previous year as … Read more
South Korea household credit shrinks at record pace in first quarter
SEOUL (Reuters) – South Korea’s household credit shrank at a record pace in the first quarter as high interest rates suppressed demand, central bank data … Read more
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter of 2023, but manufacturers were … Read more
South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak in six years, a survey … Read more
Japan’s factory activity shrinks at slowest pace in six months – PMI
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the slowest pace in six months in April on a softer decline in sales, while the service-sector … Read more
Pilgrims flock to ancient Holy Land church as Palestinian congregation shrinks
By Mohamad Torokman BURQIN, West Bank (Reuters) – One of the world’s oldest churches, built on top of a cave in the Israeli-occupied West Bank … Read more
Births in Italy hit record low in 2022, population shrinks further
(Reuters) – Births in Italy dropped to a new historic low below 400,000 in 2022, national statistics bureau ISTAT said on Friday, as the population … Read more
Japan factory activity shrinks at slowest pace in five months -PMI
TOKYO (Reuters) – Japan’s factory activity shrank at the softest pace in five months in March due to an expansion of inventories, but still-weak global … Read more
China Jan-Feb fiscal revenue shrinks despite pick-up in economy
BEIJING (Reuters) – China’s fiscal revenues fell 1.2% in the first two months of 2023 from a year earlier, the finance ministry said on Friday, … Read more
Brazil’s Natura swings to loss as revenue shrinks across cosmetics lines
SAO PAULO (Reuters) – Brazilian cosmetic maker Natura & Co on Monday reported a fourth-quarter net loss of 890.4 million reais ($169.7 million), as it … Read more
Macau’s Q4 GDP shrinks 23.4% y/y
HONG KONG (Reuters) – Macau’s economy contracted by 23.4% in the fourth quarter compared with the same period a year earlier, government statistics data showed … Read more
South Korea February factory activity shrinks for eighth month
SEOUL (Reuters) – South Korea’s factory activity contracted for an eighth month in February, a survey showed on Thursday, highlighting weak domestic and global economic … Read more
France’s manufacturing sector shrinks in Feb as export demand weakens -PMI
PARIS (Reuters) – Activity in France’s manufacturing sector declined in February, after stabilising the previous month, due in part to worsening export demand, a survey … Read more
Japan factory activity shrinks the most in 2-1/2 years
TOKYO (Reuters) – Japan’s factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies’ struggles amid … Read more
Japan’s factory activity shrinks at fastest pace in 2-1/2 years-PMI
TOKYO (Reuters) – Japan’s manufacturing activity contracted at the fastest pace in 30 months in February, a business survey showed on Tuesday, in a worrying … Read more
Insurer AIG profit shrinks as storm-related costs, weak investment returns hit
(Reuters) – U.S. insurer American International Group reported a near 24% fall in fourth-quarter profit on Wednesday, hurt by losses tied to a winter storm … Read more
South African business activity shrinks solidly in January
JOHANNESBURG (Reuters) – Activity in South Africa’s private sector in January contracted a its fastest pace since the end of 2021 as new orders fell … Read more