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Japan's factory growth slows as cost pressures surge, PMI shows

Japan's factory growth slows as cost pressures surge, PMI shows TOKYO, June 1 : Japan's manufacturing sector expanded in May at a slightly slower pace, as record export order growth was offset by surging costs driven by the Middle East war and inflated output from stockpiling, a private survey showed on Monday. The final S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) stood at 54.5 in May, down from April's more than four-year high of 55.1 and matched the flash reading. A PMI...

Channel News Asia 9d ago

Japan's services activity stagnates in May as costs surge, PMI shows

Japan's services activity stagnates in May as costs surge, PMI shows TOKYO, June 3 : Japan's services sector ground to a halt in May after more than a year of expansion, as surging costs linked to the Middle East war dampened service demand and led to a 12-year high in output price inflation, a private survey showed on Tuesday. • The S&P Global final Japan Services Purchasing Managers' Index (PMI) fell to 50.0 in May from 51.0 in April, marking the end of a 13-month expansion streak....

Channel News Asia 7d ago

Growth Spurt for UK Factories Set to Be Short-Lived, PMI Shows

A vehicle production line in Sunderland, UK. Ian Forsyth/Bloomberg

Bloomberg Markets 9d ago

Dalal Street outlook: What will guide market sentiments this week?

Dalal Street is set for a busy week as investors will be tracking domestic and global developments. The RBI's interest rate decision, key economic data releases, crude oil prices and the evolving US-Iran situation are expected to be the main factors driving market sentiment. Market participants will also keep a close watch on macroeconomic indicators, foreign investor activity and movements in the rupee against the US dollar for cues on the near-term outlook for equities.

Times of India 10d ago

These companies have controversial pasts. Google AI didn't tell us

We asked Google AI about big tobacco, its answer was missing some controversial history Wed 3 Jun 2026 at 5:12am Philip Morris International is a company with a controversial history. The tobacco giant has been accused of aggressively marketing addictive, cancer-causing cigarettes and fuelling smoking-related deaths and diseases around the world.

ABC Australia 7d ago

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

BEIJING — China's factory activity expanded in May, a private survey showed Monday, beating expectations, although growth slowed from the previous month . The RatingDog China General Manufacturing Purchasing Managers' Index, compiled by S&P Global, came in at 51.8, a touch above the 51.6 expected in a Reuters poll. The reading was down from April's 52.2, indicating a slower pace of improvement in manufacturing conditions.

CNBC 9d ago

Google must give UK publishers choice to block AI search summaries, says competition watchdog – business live

Rolling coverage of the latest economic and financial newsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The UK’s competition watchdog has announced that web publishers and news organisations will now be able to opt out of AI overviews of Google search results. With features like AI Overviews rapidly reshaping online search, it is crucial that content publishers, including news organisations, have appropriate bargaining power over...

The Guardian Business 7d ago

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.

CNBC 10d ago

SpaceX aims for world’s largest IPO amid fears it is ‘significantly overvalued’ – business live

Rolling coverage of the latest economic and financial newsSpaceX’s $1.75trn is ‘stratospherically high’, warns Michael Hewson, senior market analyst at iForex, which might put some investors off taking part in the IPO:In what looks set to be one of the most hotly anticipated IPOs in years, SpaceX is set to blast off on 12th June as it looks to raise up to $75bn from investors at $135 a share, which would value the company at an eye-popping $1.75trn. This eye watering valuation looks set to...

The Guardian Business 6d ago

UK Exchange newsletter: English football — in a league of its own?

This report is from this week's CNBC's UK Exchange newsletter. You can subscribe here. The dispatch As Martin Odegaard, Arsenal's captain, lifted the Premier League trophy at Crystal Palace's Selhurst Park ground in south London on May 24, one could be forgiven for thinking all is well with English football (or soccer...).

CNBC 7d ago