Prime News: US economy degenerated in Q4 amid firm consumer spending

Economic expansion in the United States degenerated in the last quarter and amid to grow modestly despite strong consumer spending.
Gross domestic product increased at a yearly pace of 1.9%, based on the second forecast of the Commerce Department, as d…

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Prime News: ECB seeks to test banks’ capability to weather rate shocks

The European Central Bank unveiled it will put to the nto test the capacity of banks to withstand rapid changes in interest rates.
The central bank revealed Tuesday details of its latest series of stress tests to find out how much capital banks would h…

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Australia GDP Rises 1.1% On Quarter In Q4

Australia’s gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday.

That exceeded forecasts for an increase of 0.8 percent following the 0.5 p…

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Indonesia Manufacturing PMI Drops To Contraction – Nikkei

The manufacturing sector in Indonesia swung to contraction in February, the latest survey from Nikkei revealed on Wednesday with a manufacturing PMI score of 49.3.

That was down from 50.4 in January, and it slips below the boom-or-bust line of 50 th…

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Taiwan Manufacturing PMI Sinks To Four-Month Low – Nikkei

The manufacturing sector in Taiwan continued to expand in February, although at a slower rate, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 54.5.

That was down from 55.6 in January, although it remained well ab…

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Vietnam Manufacturing PMI Hits 21-Month High – Nikkei

The manufacturing sector in Vietnam continued to expand in February, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 54.2.

That was up from 51.9 in January, and it moves further above the boo…

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Japan Manufacturing PMI Surges To 53.3 – Nikkei

The manufacturing sector in Japan continued to expand in February, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 53.3.

That was up from 52.7 in January, and it moves further above the boom-…

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China Manufacturing PMI Rises To 51.3

The manufacturing sector in China continued to expand in February, the National Bureau of Statistics said on Wednesday with a manufacturing PMI score of 51.6.

That beat forecasts for a score of 51.2 and was up from 51.3 in January.

The bureau also …

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Malaysia Manufacturing PMI Climbs To 49.4 In February – Nikkei

The manufacturing sector in Malaysia continued to contract in February, albeit at a slower pace, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI core of 49.4.

That’s up from 48.6 in January, although it remains beneath the…

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