China's service activity growth slows in May: Caixin PMI

BEIJING (REUTERS) – China’s service sector expansion slowed last month, a private sector survey showed on Thursday (June 3), with weaker overseas demand and increased costs putting pressure on businesses. The Caixin/Markit service Purchasing Managers’ Index (PMI) fell to 55.1 last month,

Japan export decline slows in September as shipments recover

TOKYO (REUTERS) – Japan’s exports in September fell at a slower pace than in the previous six months as US-bound shipments of cars started to recover from Covid-19 lows, suggesting the pandemic’s pressure on the economy was easing. The slower