Industrial profits fell 13.1% in November, biggest drop in 14 months Automotive and high-tech sectors show profit growth Weak domestic demand offsets strong exports; no new stimulus introduced BEIJING, Dec 27 (Reuters) – Profits at China’s industrial firms in November fell at their fastest pace in over a year, as weak domestic demand offset resilience…
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand PMI surveys suggest exporters face challenging 2026 BEIJING, Dec 8 (Reuters) – China’s exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties with the rest of the…
Tech drives initial rally, but stock traders cautious after weak US data Divergent views among Fed officials clouds outlook for December rate cut RBA refrains from rate cut, as widely expected TOKYO, Nov 4 (Reuters) – Asian stock markets from Tokyo to Taipei and Seoul retreated from all-time highs on Tuesday, with investors booking profits…
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi tariff truce offers limited relief, deeper issues remain Nov 3 (Reuters) – Asia’s big manufacturing hubs struggled to fire up in October, business surveys showed on Monday, as weak U.S. demand and tariffs under President Donald Trump…
Earnings from Amazon, Apple lift Nasdaq futures by 1.2% Nikkei heads for 15% monthly gain, South Korea stocks up 20% Chinese shares down as PMI misses forecast Dollar near 3-month highs SYDNEY, Oct 31 (Reuters) – Asian shares are set for a seventh straight month of gains on Friday, after upbeat earnings from Amazon and…