Global World News Global Economy Asia S Factory Activity Weakens As Us Tariffs Sap Confidence

Global Economy: Asia sees signs of export weakness before key U.S.-China trade talks

HONG KONG (Reuters) - Manufacturing activity remained relatively solid in major Asian economies such as China and Japan in April, but exports showed signs of weakness across the region, a worrying ... Read More

China's economy jolted by weakest factory output, retail sales growth in over a year

China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as a trade war with the U ... Read More

Asia’s factories weaken as U.S. tariffs cut export demand

Asia’s manufacturing sector slowed sharply in October as U.S. tariffs under President Donald Trump reduced export orders and weakened demand, according to Reuters. New purchasing managers’ indexes ... Read More

Tariff-Driven Shifts Continue to Shape Asia’s Manufacturing Activity

In contrast, manufacturing activity in Southeast Asian countries like Thailand and Vietnam “is getting a second wind from robust orders, as a ‘tariff advantage’ emerges vis-à-vis China,” given lower U ... Read More

China’s factory activity contracts for 7th month, reflecting tariffs pressure on trade

HONG KONG (AP) — China’s factory activity contracted for the seventh consecutive month in October, the government said Friday, as a newly announced truce in the trade war between the U.S. and China ... Read More

World Bank Cuts South Asia Outlook on Trump Tariffs to India

The World Bank cut its forecast for South Asia’s economic growth by nearly a percentage point, as punishing US tariffs on India — the region’s largest economy — weigh on the outlook. In its Tuesday ... Read More

IMF Chief Says Global Economy Doing 'Better Than Feared,' Downside Risks Dominate

WASHINGTON (Reuters) -The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting ... Read More

U.S. And European Business Activity Pick Up in Continued Show Of Resilience

Business activity in the U.S. and Europe picked up in October, while continuing to increase in Asia, indications that the global economy remains resilient in the face of higher tariffs and greater ... Read More

GLOBAL ECONOMY-Asia's factories shaking off COVID gloom, China shines

Asian factories continued to shake off the coronavirus gloom in August as more bright signs in China raised hopes of a firmer recovery in global demand, reducing pressure on policymakers to take ... Read More

China's factory activity contracts for 7th month, reflecting tariffs pressure on trade

HONG KONG — China’s factory activity contracted for the seventh consecutive month in October, the government said Friday, as a newly announced truce in the trade war between the U.S. and China offers ... Read More