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Author Archives: Top News Editor

German Factory Orders Improve On Domestic Demand

Germany’s factory orders growth accelerated in February driven solely by higher demand from the domestic market, data from Destatis showed on Thursday. Factory orders grew 1.2 percent month-on-month in February, as expected, and faster than the 0.8 percent increase in ...

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UK Service Sector Logs Strong Rebound In March

The UK service sector logged a strong rebound in March as activity, new orders and employment picked up from February, final data from IHS Markit showed on Wednesday. The services Purchasing Managers’ Index advanced to 56.3 from 49.5 in February. ...

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Eurozone Private Sector Recovers In March

Eurozone private sector returned to growth in March underpinned by a record increase in manufacturing output, final survey data from IHS Markit showed on Wednesday. The final composite output index rose to 53.2 in March from 48.8 in February. The ...

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India Holds Rates Steady Amid Pandemic Resurgence

India’s central bank left its key interest rates unchanged and vowed to continue its accommodative stance as long as needed amid a steep rise in Covid-19 infections in the country. The Monetary Policy Committee of the Reserve Bank of India ...

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