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Added on the 18/12/2018 08:03:41 - Copyright : Wochit
China's PMI reading expands at its fastest in two years and Japan posts its most encouraging manufacturing PMI in 9 months. But as David Pollard reports, the Bank of Japan says it'll take longer to get inflation back up to target than previously thought.
China's vast factory sector flatlines for June as exports shrink and jobs are cut, a worrying trend evident across Asia that argues for yet more policy stimulus. As Sonia Legg reports, the hard times signalled by a range of surveys is not what the world needs a week after Britain's vote to leave the European Union.
Mixed messages from Asia - and a reminder of less recent risks - as a survey shows China's economy rebounding in the second quarter, but Japan factory orders at a three-year low. David Pollard reports.
Global business growth slowed last month as services firms from Asia to Europe reported waning demand despite little or no inflationary pressures. As David Pollard reports, the surveys highlight a need for more central bank stimulus.