German manufacturing shrinks at fastest in 3 years in May -PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in three years in May and output fell for…
Business
Surging temple and lottery stocks mirror China’s weak recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Shares in some Chinese temple operators and lottery sellers surged for…
US debt ceiling bill passes House with broad bipartisan support
By David Morgan, Richard Cowan and Moira Warburton WASHINGTON (Reuters) – A divided U.S. House of Representatives passed a bill…
China’s Henan plans ‘zero-dynamic’ end to youth unemployment
(Refiles to correct spelling of ‘dynamic’ in headline) By Farah Master HONG KONG (Reuters) – China’s Henan province has unveiled…
Major central banks renew rate hike push in May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest rate hikes across major central banks showed…
Elon Musk met with Chinese Vice Premier Ding in Beijing -source
By Julie Zhu HONG KONG (Reuters) – Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on…
China new home prices, sales fall on soft demand in May
BEIJING (Reuters) – China’s new home prices fell for the first time in four months in May and home sales…
Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Foreign investors’ selling of Chinese shares gained some momentum in May, as…
Analysis-Remaining Western firms face tricky Russian exits
By Alexander Marrow (Reuters) – After months of negotiations, Finland’s Nokian Tyres was on the cusp late last year of…
Russia’s factory activity expands for 13th month running in May
(Reuters) – Activity in Russia’s manufacturing sector increased for the 13th month running in May and employment rose at its…