Tag Archive for April

Foreign investment in China falls for sixth month (via AFP) Full Story

Foreign investment in China falls for sixth month (via AFP) Foreign direct investment (FDI) in China fell for the sixth consecutive month in April, according to the latest official figures, dragged down by a plunge in fund flows from crisis-struck Europe. Investment from overseas fell 0.7 percent from a year earlier to $8.4 billion, the…

India inflation posts surprise 7.23 percent jump (via AFP) Full Story

India inflation posts surprise 7.23 percent jump (via AFP) India’s inflation unexpectedly accelerated in April to over seven percent as food bills soared, data showed on Monday, diminishing chances of swift interest rate cuts to boost a stumbling economy. The closely watched Wholesale Price Index rose to 7.23 percent in April from the same month…

FT Alphaville » April started bad and got worse, final PMIs show

On Friday morning, the Markit Eurozone Composite Purchasing Manager Indices were out, signalling further weakness. The manufacturing indices, released on Wednesday, had already set the scene for further deterioration not only in the periphery, but also the core. Add the services sector, and the composite reading was 46.7, versus an earlier flash estimate of 47.4,…

Markit France Services PMI falls at sharpest rate for three years

New business falls at sharpest rate for three years during April Key points: Final Markit France Services Activity Index at 45.2 (50.1 in March), 6-month low. Final Markit France Composite Output Index at 45.9 (48.7 in March), 6-month low. Summary: The performance of France’s service sector weakened markedly in April. Incoming new business fell at the steepest rate for…