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Business 07 Feb 2009 | 12:00 AM

Asian economies worsening

Global recession chokes manufacturing output of six major export-driven nations

Business 05 Feb 2009 | 12:00 AM

Chinese manufacturing data showed uptrend in January

Manufacturing data from China yesterday suggested its downturn may be bottoming out, but plunging US auto sales underscored the depth of the recession in the world's biggest economy.

Business 03 Feb 2009 | 12:00 AM

British makers report near-record January weakness

British manufacturers reported some of the weakest conditions ever in January when they cut jobs at a record pace, monthly purchasing managers index data showed on Monday.

Business 02 Feb 2009 | 12:00 AM

Report: Wen says China considering new stimulus

BEIJING (AP) - China is considering new steps to boost cooling growth, its top economic official said in comments published Monday, as new data showed manufacturing shrinking further despite surging government spending.

Business 10 Jan 2009 | 12:00 AM

Healthy trade surpluses ahead

Although the gloomy feeling continues to haunt Malaysia's economy, with export numbers expected to show further decline in the months ahead, the country is unlikely to slide into a trade deficit.

Business 06 Jan 2009 | 12:00 AM

November exports may decline by 7.3%

Malaysia's exports in November are expected to show a decline of 7.3% year-on-year to about RM50.5bil due to the sharp economic slowdown in the developed countries and weak demand for electrical and electronic (EE) products.

Business 05 Jan 2009 | 12:00 AM

Chinese manufacturing shrinks in December

BEIJING (AP) - China's manufacturing shrank for a third month in December as export demand fell, suggesting an economic slump is worsening despite government efforts to shield the country from global turmoil, according to data reported Sunday.

Business 03 Jan 2009 | 12:00 AM

China, India and Russia factories slash jobs and output

Factories in China, India and Russia slashed output and jobs at a record pace in December in another sign the world's largest emerging markets were wilting under the recession that has gripped most industrialised nations.

Business 02 Dec 2008 | 12:00 AM

BoJ governor: Economic conditions getting worse

Bank of Japan governor Masaaki Shirakawa warned yesterday that economic conditions were deteriorating fast, and Japanese firms were finding it increasingly hard to secure credit.

Business 01 Dec 2008 | 12:00 AM

Chinese group reports manufacturing slowing

BEIJING (AP) - China's manufacturing activity contracted sharply in November as a downturn in the world's fourth-largest economy worsened, raising the threat of politically volatile job losses, according to data reported Monday.