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Asian economies worsening
Global recession chokes manufacturing output of six major export-driven nations
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.
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.
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.
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.
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.
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.
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.
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.
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.
