SYDNEY (Reuters) – Australia’s trade surplus shrank by more than expected in July as exports of iron ore and coal cooled after a very strong run, while more Australians travelled …
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By William Schomberg LONDON (Reuters) – British construction companies suffered a second straight month of contraction in the face of deep uncertainty about the outlook for the inflation-hit economy, a …
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BEIJING (Reuters) – China’s export growth likely lost steam in August amid weakening global demand, while imports were also seen slowing due to sluggish consumption and a property crisis, raising …
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TOKYO (Reuters) – Japan’s services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections hurt demand, a business survey showed. The …
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OTTAWA (Reuters) – Canadian manufacturing activity contracted in August for the first time since the early stages of the COVID-19 pandemic, amid stronger declines in output and new orders, and …
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BEIJING (Reuters) – China’s factory activity contracted for the first time in three months in August amid weakening demand, while power shortages and fresh COVID-19 flare-ups disrupted production, a private …
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SEOUL, Sep 1 (Reuters) – South Korea’s factory activity shrank in August by the sharpest pace in two years, on weakening demand amid high inflation, rising interest rates and the …
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(Reuters) – Russia’s economy shrank by 4.3% in July year on year after contracting by 4.9% in June, the economy ministry said on Wednesday. In January through July, the economy …
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HONG KONG (Reuters) – Macau’s economy contracted by 39.3% in the second quarter from the same period a year earlier, statistics data showed on Friday. Tourist arrivals fell 27.5% on …
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MOSCOW – Russia’s economy shrank 4.0% year-on-year in the second quarter of 2022, the first full quarter of what Russia calls a “special military operation” in Ukraine, preliminary data from …
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SHANGHAI/HONG KONG – Investors who have exploited Hong Kong’s cheap interest rates all year to fund other trades globally are finding that the window is closing as local cash conditions …
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N.Korea’s economy shrinks for two straight years but pace of slowdown eases -S.Korea central bank
by ReutersBy Soo-hyang Choi SEOUL – North Korea’s economy shrank in 2021 for a second straight year after suffering its biggest contraction in more than two decades the previous year amid …
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WASHINGTON – The U.S. services industry slowed less than expected in June, but a measure of services employment dropped to a two-year low, suggesting that demand for labor could be …
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By Tetsushi Kajimoto TOKYO – Japan’s current account surplus shrank sharply in April as record imports overwhelmed exports, swinging the trade balance into the red, data showed on Wednesday, stoking …
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(Reuters) – Russia’s service sector shrank for the third consecutive month in May, under pressure from the impact of Western sanctions and weak demand at home, the S&P Global purchasing …
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By Donny Kwok and Twinnie Siu HONG KONG – Hong Kong’s economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb …
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BEIJING – China’s accommodation and catering sector contracted in January-March from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on …
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(Reuters) – Russia’s services sector activity shrank in March at the fastest rate since May 2020 when the COVID-19 pandemic hit, due to a slump in client demand and new …
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SANTIAGO – Chile’s central bank revised its forecast for 2022 economic growth on Wednesday, dropping it to a range of 1.0% to 2.0% from an estimate of 1.5% to 2.5% …
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– Russian manufacturing activity shrank in February as new orders fell for the first time in six months as businesses felt the impact of the COVID-19 pandemic, a survey showed …
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TOKYO – Japan’s services sector activity contracted at the fastest pace in five months in January in a sign businesses faced pressure from a record surge in new coronavirus infections …
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OTTAWA, Jan 28 – Canada recorded a much smaller budget deficit in the first eight months of fiscal 2021/22 compared to the same period a year ago, as the costs …