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Japan's factory growth slows as cost pressures surge, PMI shows

Japan's factory growth slows as cost pressures surge, PMI shows

TOKYO, June 1 (Reuters) - Japan's manufacturing sector expanded in May at a slightly slower pace, as record export order growth was offset by surging costs driven by the Middle East war and inflated output from stockpiling, a private survey showed on Monday.
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China factory activity stalls in May as demand weakens

China factory activity stalls in May as demand weakens

BEIJING, May 31 (Reuters) - China's factory activity came in flat in May, an official survey showed on Sunday, as the manufacturing sector was under pressure from weak domestic demand and higher production costs.
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South Korea export growth hits four-decade high as chip sales hit record on AI boom

South Korea export growth hits four-decade high as chip sales hit record on AI boom

By Jihoon Lee SEOUL, June 1 (Reuters) - South Korea's exports grew at the strongest annual rate in more than four decades in May, beating market expectations, as chip sales hit a record on a global boom in AI investment.
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Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

By Gregor Stuart Hunter, Rae Wee and Jun Yuan Yong SINGAPORE, May 30 (Reuters) - U.S.
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China’s factory activity slows in May, raising questions over its economy

China’s factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May
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China's factory activity likely remained flat in May: Reuters poll

China's factory activity likely remained flat in May: Reuters poll

BEIJING, May 29 (Reuters) - China's factory activity likely remained flat in May after expanding for two months, indicating that weak domestic demand and cost pressures stemming from the U.S.-Israeli war on Iran may have begun to weigh on the manufacturing sector.
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China home prices likely to fall at slower pace this year; seen rising in 2027

China home prices likely to fall at slower pace this year; seen rising in 2027

By Liangping Gao and Ryan Woo BEIJING, May 29 (Reuters) - China's home prices are expected to fall at a slower pace than forecast in a March survey and edge up in 2027, suggesting the sector remains under pressure but might be moving toward a slower adjustment phase.
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Trading Day: Stocks sizzle on ceasefire extension

Trading Day: Stocks sizzle on ceasefire extension

By Jamie McGeever ORLANDO, Florida, May 28 (Reuters) - The S&P 500 and Nasdaq forged new record highs on Thursday, and the dollar and Treasury yields fell after the U.S. and Iran agreed to extend their ceasefire, while investors also digested the latest U.S. inflation and revised economic growth
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Chinese Consumers Shift to Online Shopping Amid Economic Challenges

Chinese Consumers Shift to Online Shopping Amid Economic Challenges

Chinese Consumers Shift to Online Shopping Amid Economic Challenges
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China's low-key presence at Asia defence forum a lost opportunity, Australia says

China's low-key presence at Asia defence forum a lost opportunity, Australia says

By Raju Gopalakrishnan SINGAPORE, May 29 (Reuters) - China's decision to send only academics to Asia's biggest defence forum is a missed opportunity at a moment when countries need more "strategic reassurance" from Beijing, Australia's defence minister said on Friday.
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Canada's Q1 GDP contracts on annualized basis, posting two quarters of decline

Canada's Q1 GDP contracts on annualized basis, posting two quarters of decline

By Promit Mukherjee OTTAWA, May 29 (Reuters) - Canada's economy contracted in the first quarter of the year on an annualized basis, data showed on Friday, making it two consecutive quarters of annualized decline which some would call a technical recession.
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UK business sentiment edges up in May, Lloyds says

UK business sentiment edges up in May, Lloyds says

LONDON, May 29 (Reuters) - British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most other measures of business and consumer sentiment.