October 1, 2012
No Free Lunch By Cielito F. HabitoPhilippine Daily Inquirer Recent reports have China’s manufacturing activity falling for 11 months in a row. With much of the world’s developed economies feeling the pinch of slowing or declining activity, orders for China’s exports reportedly fell the sharpest in 42 months, leading to significantly reduced production, piling stocks […]
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October 1, 2012
Big Japanese manufacturers became more pessimistic as slowdowns in China and Europe sapped export demand and pushed the nation closer to an economic contraction. The quarterly Tankan index for large manufacturers fell in September to minus 3 from minus 1, the fourth negative reading, the Bank of Japan said today in Tokyo. The median estimate […]
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