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Author Archives: Top News Editor

Eurozone Manufacturing Contracts Most Since 2012

The euro area manufacturing sector contracted the most since the end of 2012 in July but at a slower than initially estimated pace, final data from IHS Markit showed Thursday. The manufacturing Purchasing Managers’ Index fell to 46.5 in July ...

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China’s Manufacturing Sector Logs Marginal Contraction

China’s manufacturing sector contracted slightly in July largely reflecting the broad stabilization of output, survey data from IHS Markit showed Thursday. The Caixin factory Purchasing Managers’ Index rose to 49.9 in July from 49.4 in June. Nonetheless, a reading below ...

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German Economic Resilience Starts Weakening

Germany’s labor market has started to show signs of being hurt by the economic slowdown that is fueled mainly by external factors, and the weaker momentum is reflecting in household spending, suggesting that the domestic resilience in the biggest euro ...

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Eurozone Q2 Growth Halves, Inflation At 17-Month Low

Euro area expanded at a slower pace in the second quarter and inflation eased to a 17-month low in July, supporting the European Central Bank’s view that the single currency economy needs significant stimulus as the outlook is getting “worse ...

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