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Author Archives: Top News Editor

Australia Cuts Key Rate; Unveils Asset Purchase Program

As the economic recovery is expected to be bumpy, Australia’s central bank unveiled a package of measures to support job creation and underpin growth. The policy board of the Reserve Bank of Australia headed by the governor Philip Lowe decided ...

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UK Manufacturing Sector Growth Moderates In October

The UK manufacturing sector continued to expand in October but the upturn showed signs of losing impetus as the initial boost to growth from the economy reopening faded and job losses accelerated, final survey results from IHS Markit showed Monday. ...

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Eurozone Manufacturing Sector Strengthens In October

The euro area manufacturing sector gained further strength in October driven by acceleration in production and new orders, final survey results from IHS Markit showed Monday. The manufacturing Purchasing Managers’ Index rose to 54.8 in October from 53.7 in September. ...

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China Manufacturing Sector Expands Most Since 2011

China’s manufacturing sector expanded at the strongest pace since January 2011 on robust output and new work, survey results from IHS Markit showed Monday. The Caixin manufacturing Purchasing Managers’ Index rose to 53.6 in October, the highest reading since January ...

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