Tag: growth slows
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BYD’s third-quarter profit growth slows, falling short of forecasts
BEIJING, Oct 29 : Chinese electric vehicle maker BYD reported a smaller-than-expected 28 per cent rise in third-quarter profit on Thursday, though strong export growth helped offset persistent weakness in its home market.Net profit rose to 10 billion yuan ($1.50 billion) in the third quarter, a stock filing s
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Japan September factory growth slows to 6-month low, PMI shows
TOKYO, Oct 1 : Japan’s manufacturing sector expanded at its weakest pace in six months in September as output and new order growth slowed, a business survey showed on Thursday.• The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) eased to 54.1 in September from 54.9 in August, a survey by S&
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Japan’s factory activity growth slows in September, PMI shows
TOKYO, Sept 24 : Japan’s manufacturing activity rose at a slower pace in September from the previous month as output and new orders softened, while solid overseas demand helped firms’ activity, a private-sector survey showed on Thursday.• The S&P Global flash Japan Manufacturing Purchasing Managers’ Index (
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Japan’s services growth slows amid cost pressures, PMI shows
TOKYO, Aug 5 : Japan’s services sector expanded at a slower pace in July as demand weakened and firms grappled with intense cost pressures, leading to the hottest inflation in selling prices since April 2014, a private survey showed.The S&P Global final Japan Services Purchasing Managers’ Index (PMI) fell to
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Spotify forecasts weak profit as user growth slows in North America, Europe
Aug 4 : Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing user growth in major markets of Europe and North America, driving shares around 5 per cent lower in premarket trading. The Swedish company has launched AI features like “Personal Po
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US economic growth slows to 1.5% in second quarter
The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.
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