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Economy : Page 4

Bank of Canada keeps key interest rate unchanged at 1.75 percent
Bank of CanadaSeptember 5, 2019 ET
The Bank of Canada announced Wednesday it kept interest rate at 1.75 percent as it gauged the extent of the damage that deepening trade conflicts have had on the domestic and global economies.
Malaysia posts largest trade surplus in 4 months, exports unexpectedly increased
Malaysia port containersSeptember 4, 2019 ET
Malaysia\'s trade surplus increased sharply to MYR 14.3 billion in July of 2019 from MYR 8.3 billion in the same month of the prior year and easily beating market expectations of a MYR 10.7 billion surplus.
U.S. manufacturing sector contracts for first time in 3 years
U.S. manufacturingSeptember 4, 2019 ET
U.S. manufacturing activities contracted for the first time in three years in August, data released by the Institute for Supply Management (ISM) showed.
Australian economy grew 0.5 percent in June quarter
Australian factorySeptember 4, 2019 ET
The Australian economy grew 0.5 per cent in seasonally adjusted chain volume terms in the June quarter 2019 and 1.4 per cent through the year, according to figures released by the Australian Bureau of Statistics (ABS) today.
South Korea's on-quarter GDP growth revised down to 1 percent in Q2
South Korea port with containersSeptember 3, 2019 ET
South Korea\'s quarter-over-quarter gross domestic product (GDP) growth rate was revised down for the second quarter, central bank data showed Tuesday.
Sharper fall in output weighs on manufacturing in Russia
Manufacturing in RussiaSeptember 3, 2019 ET
Spain\'s manufacturing sector continued to contract during August, undermined by the sharpest fall in output since May 2013 and a further reduction in new orders.
Manufacturing PMI dips to 15-month low in India
Manufacturing in IndiaSeptember 3, 2019 ET
Although economic growth in the Indian manufacturing industry was sustained in August, most survey indicators fell since July to signal a widespread loss of momentum.
China General Manufacturing PMI improves slightly in August
Manufacturing in ChinaSeptember 3, 2019 ET
Operating conditions faced by Chinese manufacturers improved slightly in August, with firms registering the quickest increase in production for five months.
Deterioration in Japan's manufacturing among strongest in over three years
Manufacturing in JapanSeptember 3, 2019 ET
According to August survey data, Japan\'s manufacturing sector remained stuck in a downturn, with key barometers of business health such as output and new orders both declining.
Manufacturing downturn continues in South Korea
Manufacturing in South KoreaSeptember 3, 2019 ET
Difficulties in South Korea\'s manufacturing sector remained apparent in August, as key gauges of economic health such as output, new orders and employment all declined.
Brazil's inflation expectations slide to new lows
Roberto Campos NetoSeptember 3, 2019 ET
Brazilian inflation expectations for this year have fallen to fresh lows, according to a central bank survey of economists.
Worst slump for UK factories since 2012
UK factoriesSeptember 2, 2019 ET
Activity in the manufacturing sector is at its weakest for more than seven years.
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