Japan’s Q2 capex rises strongly, signals solid domestic demand
Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of…
Downturn in German manufacturing accelerates, PMI shows
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s biggest economy, continued to gather pace…
India’s factory activity growth hits three-month low, PMI shows
India’s manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on…
China’s economic malaise seen accelerating obesity rates
As China builds fewer houses and bridges, its consumers buy cheaper, less-healthy meals, and as factories and farms invest in…
Nomura expects Indian cenbank to pivot to rate cuts from October amid weakening growth
Nomura expects India’s central bank to begin cutting interest rates next month as inflation in the South Asian nation edges…
Far-right’s vote win is a loss for German economy
The heavy defeat of Germany’s coalition parties in regional elections in Thuringia and Saxony was expected. But the sharp rise…
Turkey’s Botas, Shell to sign long-term LNG deal, ministry says
Turkish state energy company Botas and British oil major Shell SHEL.L will sign a long-term LNG agreement on Monday, the…
Russian oil product exports via Tuapse to fall in September, traders say
Russian oil product exports from the Black Sea port of Tuapse are set to fall to 0.978 million metric tons…
Oil exports remain halted at major Libyan ports, say engineers
Oil exports at major Libyan ports were halted on Monday and production curtailed across the country, six engineers told Reuters,…
Algeria bought at least 30,000 T corn in tender last week, traders say
Algerian state agency ONAB is believed to have bought at least 30,000 metric tons of animal feed corn to be…