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Jun 1, 2012

Slowdown worsens as China cools, Europe sinks

LONDON/SINGAPORE (Reuters) – Some of the world’s major economies are faltering or shrinking, with Chinese factory output barely growing and powerful European manufacturing countries falling deeper into malaise, surveys showed on Friday.

In Britain, manufacturing activity shrank at its fastest pace in three years last month as the global economic slowdown hit demand for its goods.

Jun 1, 2012

China slowdown worsens amid signs U.S. losing steam

By Alex Richardson

(Reuters) – China’s slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a global economy struggling with a sharp downturn in Europe and a faltering recovery in the United States.

The darkening outlook was underlined by data showing the fourth monthly decline this year in exports from South Korea, the first major economy to report May numbers, as shipments to the United States, Europe and China all fell.

May 4, 2012

Asian shares fall after data, ECB disappoint

SINGAPORE, May 4 (Reuters) – Asian shares fell for a second
successive day on Friday as another batch of lacklustre U.S.
data stoked concerns that the recovery in the world’s biggest
economy is faltering.

The euro was steady after a bumpy session on Thursday, when
European Central Bank chief Mario Draghi gave a more upbeat
assessment of the region’s battered economy, reducing hopes of
further monetary stimulus measures in the pipeline.

May 3, 2012

Asian shares slip as data casts doubt on recovery

SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro languished near a two-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth.

Commodities and the Australian dollar – all sensitive to growth expectations – also struggled as the data put investors on the defensive and limited appetite for riskier assets.

May 3, 2012

Asian shares, euro slip as data casts doubt on recovery

SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro wallowed near a two-week low after disappointing data from both sides of the Atlantic rekindled concerns about the strength of the global economic recovery.

U.S. stocks eased on Wednesday as data showed a slowdown in private sector hiring, tempering the optimism from a better-than-expected manufacturing survey at the start of the week that had driven the Dow to its highest in more than 4 year.

May 3, 2012

Shares, euro slip as data casts doubt on recovery

SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro wallowed near a two-week low after disappointing data from both sides of the Atlantic rekindled concerns about the strength of the global economic recovery.

U.S. stocks eased on Wednesday as data showed a slowdown in private sector hiring, tempering the optimism from a better-than-expected manufacturing survey at the start of the week that had driven the Dow .DJI to its highest in more than 4 year.

Apr 20, 2012

Global shares ease as U.S. data casts doubt on recovery

SINGAPORE (Reuters) – Asian shares slipped on Friday as disappointing U.S. economic data stirred doubts about the strength of recovery, while the yen weakened after the Bank of Japan flagged the prospect of further monetary easing to support the struggling economy.

The return of the euro zone debt crisis also kept riskier assets under pressure, with a better-than-feared Spanish bond auction failing to allay concerns that Spain may follow Greece, Ireland and Portugal in needing an international bailout.

Apr 20, 2012

Shares ease as U.S. data casts doubt on recovery

SINGAPORE, April 20 (Reuters) – Asian shares slipped on
Friday as disappointing U.S. economic data stirred doubts about
the strength of recovery, while the yen weakened after the Bank
of Japan flagged the prospect of further monetary easing to
support the struggling economy.

The return of the euro zone debt crisis also kept riskier
assets under pressure, with a better-than-feared Spanish bond
auction failing to allay concerns that Spain may follow Greece,
Ireland and Portugal in needing an international bailout.

Mar 27, 2012

Asian stocks rebound on hopes of further Fed stimulus

SINGAPORE (Reuters) – Asian stocks rebounded, with Japan’s Nikkei hitting a one-year high, and the dollar struggled on Tuesday after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment.

Europe’s major equity markets were also poised for gains, with Euro STOXX 50 index futures opening up 0.7 percent, while financial spreadbetters called London’s FTSE to start trading 0.2-0.3 percent higher.

Mar 27, 2012

Asian stocks rebound as Bernanke soothes investors

SINGAPORE, March 27 (Reuters) – Asian stocks rebounded on
Tuesday and the dollar eased after Federal Reserve Chairman Ben
Bernanke said ultra-loose monetary policy was still needed to
reduce unemployment even though the U.S. economy has shown signs
of improvement.

Wall Street stock rose more than 1 percent on Monday, as
Bernanke’s comments supported views that easy monetary policy
would remain in place for some time and fanned expectations for
more asset purchases by the U.S. central bank.

    • About Alex

      "I work on the Asia Desk in Singapore, editing general and political news stories from across the region. Before coming to Asia I was Reuters Northern Ireland correspondent."
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