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German engineering orders slide 12% in February amid global uncertainty, says VDMA
BERLIN, April 1 (Reuters) - German engineering orders sank by 12% in February on the year due to uncertainty over the geopolitical situation, the VDMA engineering association said on Wednesday, adding a survey of firms in the sector pointed to a deteriorating economic climate. Domestic orders...Reuters
Wed, Apr 1
Euro zone economy may already be on ECB's 'adverse' path, policymaker warns
ECB adverse scenario may be new baseline already, Dolenc saysFirms, households may be quicker to adjust price expectationsECB should act sooner rather than later on second-round effectsNot yet clear if ECB will have enough data by April 30 meetingBy Balazs Koranyi LJUBLJANA, April 1 (Reuters) - T...Reuters
Wed, Apr 1
German manufacturing expands in March despite Iran war supply strains, PMI shows
BERLIN, April 1 (Reuters) - Germany's manufacturing sector expanded in March at its fastest pace since May 2022 as output and new orders grew despite supply disruptions tied to the Iran war, a survey showed on Wednesday.The S&P Global final Purchasing Managers' Index (PMI) for German man...Reuters
Wed, Apr 1
Principal eyes South Korea bonds on global index inclusion, joining other large investors
By Jihoon Lee SEOUL, April 1 (Reuters) - Last month's bond meltdown has opened a window for buying South Korean sovereign debt at a discount ahead of its inclusion in a global benchmark index, a large fund manager said on Wednesday, a day after Seoul said Japan's giant public pension fund...Reuters
Wed, Apr 1
China's new home prices rise in March; big cities see seasonal pickup, private survey shows
BEIJING, April 1 (Reuters) - China's new home prices edged up in March, reversing a decline in the previous month, supported by a seasonal pickup in demand in major cities, a private survey showed on Wednesday.New home prices in 100 cities rose 0.05% from a month earlier after falling 0.04% in F...Reuters
Wed, Apr 1
