News
Important Only
China's manufacturing activity shrinks as exports drag, S&P PMI shows
BEIJING, Aug 1 (Reuters) - China's factory activity deteriorated in July, as a softening of new business growth led manufacturers to scale back production, a private-sector survey showed on Friday.The S&P Global China General Manufacturing PMI fell to 49.5 in July from 50.4 in June, undersho...Reuters
Fri, Aug 1
Indonesian's exports up 11.29% y/y in June
JAKARTA, Aug 1 (Reuters) - Indonesia's exports in June rose 11.29% on a yearly basis to $23.44 billion, data from the country's statistics bureau showed on Friday, higher than the 10.41% forecast by economists polled by Reuters.The bureau is due to release import and trade balance as well as...Reuters
Fri, Aug 1
Japan’s Kato says he is alarmed over FX trend, driven by speculative move
Japanese Economy Minister Ryosei Akazawa on Friday alarmed over the foreign exchange (FX) moves, including those driven by speculators. Akazawa further stated that he will need to closely monitor the impact of US tariffs on exports.Fxstreet
Fri, Aug 1
Trade deal with U.S. will boost Thailand's competitiveness, confidence, minister says
BANGKOK, Aug 1 (Reuters) - Thailand's finance minister said on Friday that the 19% tariff rate agreed with the United States will help bolster its competitiveness globally, boost investor confidence and create opportunities for economic growth.The new rate is significantly lower than the 36% lev...Reuters
Fri, Aug 1
Japan will press US to execute auto tariff cut, Akazawa says
TOKYO, Aug 1 (Reuters) - Japan will continue to push the U.S. to implement an agreed-upon cut to automobile and auto parts tariffs to 15% from 25%, its top trade negotiator Ryosei Akazawa said on Friday.U.S. tariffs will weigh on Japan's economy through reduced exports and slowing global growth,...Reuters
Fri, Aug 1
Japan's factory activity slips back into decline in July, PMI shows
TOKYO, Aug 1 (Reuters) - Japan's manufacturing activity shrank in July after briefly stabilising in the previous month as weak demand pulled production back into contraction, a private sector survey showed on Friday.The S&P Global Japan manufacturing purchasing managers' index (PMI) fell...Reuters
Fri, Aug 1
US inflation warms up in June as tariffs boost some goods prices
Personal consumption expenditures price index rises 0.3%Goods prices post largest gain since JanuaryCore PCE inflation increases 0.3%; up 2.8% year-on-yearConsumer spending gains 0.3%; saving rate steady at 4.5%Weekly jobless claims increase 1,000 to 218,000 By Lucia Mutikani WASHINGTON, July 31Reuters
Fri, Aug 1
Taiwan president Lai: US tariff rate is 'temporary'
TAIPEI, Aug 1 (Reuters) - Taiwan's President Lai Ching-te said on Friday the 20% U.S. tariffs is "temporary" and the government will continue to strive for reasonable tariff rates and complete the final stage of negotiations.Once an agreement is reached, the tariff rate is expected to be...Reuters
Fri, Aug 1
