MADRID (Reuters) -Spain’s manufacturing sector expanded at its fastest pace this year in July, as production and new orders rose to their highest levels of the year, a survey showed on Friday. The HCOB Spain Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, climbed to 51.9 in July from 51.4 in June, marking the …
Spanish manufacturing sector growth accelerates in July, PMI shows Read More »
ISTANBUL (Reuters) -Turkey’s manufacturing sector lost further momentum in July, with muted demand leading to pronounced slowdowns in new orders and output, a survey showed on Friday. The Istanbul Chamber of Industry Türkiye Manufacturing Purchasing Managers’ Index (PMI), fell to 45.9 in July from 46.7 in June, marking the third consecutive monthly decline and the …
Turkish manufacturing sector contracts further in July, PMI shows Read More »
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s exports rose in June as exporters sought to beat the U.S. tariff deadline and shipments of palm oil and gold jewellery increased, while inflation accelerated in July, official data showed on Friday. June shipments from Southeast Asia’s biggest economy jumped 11.29% on a yearly basis to …
Indonesia’s exports rise again in June as U.S.-bound shipments jump Read More »
TOKYO (Reuters) -Japan’s manufacturing activity shrank in July after briefly stabilising in the previous month as weak demand pulled production back into contraction, a private sector survey showed on Friday. The S&P Global Japan manufacturing purchasing managers’ index (PMI) fell to 48.9 in July from 50.1 in June, dropping below the 50.0 threshold that separates …
Japan’s factory activity slips back into decline in July, PMI shows Read More »
(Reuters) -The International Monetary Fund board on Thursday completed its first review of the $20 billion program with Argentina, approving a disbursement of approximately $2 billion. “Strong policy implementation has supported a smooth transition to a more flexible exchange rate regime, with declining inflation and continued economic growth,” the IMF said in a statement, while …
IMF board completes first Argentina program review, approves $2 billion disbursement Read More »
WELLINGTON (Reuters) -Consumer confidence in New Zealand weakened in July, while household inflation expectations cracked 5%, ANZ-Roy Morgan data showed on Friday. The consumer confidence index rose to 94.7 in July from 98.8 in June. A reading above 100 shows optimism, while below that indicates pessimism. Inflation expectations lifted 0.2 points to 5.1%, the highest …
New Zealand consumer confidence takes hit, inflation expectations rise, survey says Read More »
SYDNEY (Reuters) -Australian home prices extended their steady rise to hit another record high in July as low housing supply boosted auction clearance rates, while expectations of lower rate cuts ahead are set to lift prices more this year, data showed on Friday. Figures from property consultant Cotality showed national home prices rose 0.6% to …
Australia house prices keep climbing but growth pace slows Read More »
By Marcela Ayres and Gabriel Araujo BRASILIA (Reuters) -Brazil estimates that 35.9% of its exports to the U.S. by value will be hit by a steep 50% tariff under a new executive order by Donald Trump’s administration, Vice President Geraldo Alckmin said on Thursday, emphasizing efforts to reverse the levies on key goods such as …
Brazil sees 35.9% of exports to US facing steeper tariff, pushes reversal for coffee Read More »
By Chris Takudzwa Muronzi HARARE, July 31 (Reuters) – Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday. The Southern African country’s economy has shown signs of recovery in the first half of the year …
Zimbabwe on track for 6% growth as economy recovers from drought Read More »
(Reuters) -Saudi Arabia’s budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% decline from the previous quarter, as oil and other revenues rose, the finance ministry said on Thursday. Oil income rose by 1.28% to reach 151.734 billion riyals, the ministry said. The world’s top oil exporter saw …
Saudi budget deficit shrinks to $9.21 billion as oil, other revenues rise Read More »
