A service industry PMI for France, the bloc’s second-biggest economy, sank to 49.4 after just two months in growth territory. Photograph: Christian Hartmann/Reuters
Eurozone suffers unexpected slowdown
  • Economy
  • September 23, 2014, 10:56

Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row. The dat(...)

“The most prudent course is likely to be a period of stability in interest rates,”  Glenn Stevens, governor of the Reserve Bank of Australia, said over-night as held the country’s key interest rate steady at 2.5 per cent. Photograph: Ian Waldie/Bloomberg

Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, pouring cold water on the positive market (...)

Michael O’Leary: under his stewardship Ryanair has offered an attractive dividend yield. Photograph: Dave Meehan

For income-hungry investors, plummeting bond yields and deposit rates over the past few years have meant they have had to look for returns elsewher(...)

A disappointing PMI survey for the Eurozone’s manufacturing sector is  raising concerns that the euro zone recovery is losing momentum. Photographer: Ty Wright/Bloomberg

Euro zone manufacturing growth eased slightly more than previously thought last month and factories fulfilled existing orders to keep busy, a business(...)

Workers assemble pens at the A.W. Faber-Castell (Guangzhou) Stationery Co. factory in Guangzhou, Guangdong province, China. Photographer: Brent Lewin/Bloomberg

Activity in China’s factory sector expanded in June for the first time in six months as new orders surged, a preliminary HSBC survey showed today, off(...)

Workers process laptop accessories at a factory in Dazu, Chongqing Municipality. China’s factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter. Photo: Reuters

China’s factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary su(...)

British households feel under the least financial pressure in more than five years, due to lower inflation and the prospect of higher wages, a (...)

Growth in the US services sector accelerated in March, an industry report showed today, though the pace of employment slackened for a third str(...)

An employee works at a production line at a Wanxiang electric vehicle factory in Hangzhou, Zhejiang province. Activity in China’s factories slowed for a fifth straight month in March, a preliminary private survey showed on Monday, raising market expectations of government stimulus to arrest a loss of momentum in the world’s second-largest economy this year. Photograph: Aly Song/Reuters

Growth in euro-area manufacturing and services stayed close to the fastest since 2011 in March, as France improved, providing further evidence (...)

A computer screen showing stock information is seen next to investors at a brokerage house in Haikou, Hainan province today. China shares ended a choppy Monday on a weaker note, as investors took profit on outperformers this year in anticipation that initial public offering reforms will divert funds to new listings. Photograph: China Daily/Reuters

Asian shares and the dollar trod water today, as investors cautiously awaited key US data this week after a decent reading on China manufacturing calm(...)