Pmi Group Inc News

The European economy fell for sixth consecutive quarter, contracting by 0.2 percent in the first quarter of 2013.

LONDON: This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors banking on a steady pickup in activity during the second half of 2013.

The contraction in the Irish construction sector deepened further during April, as the rate of decline in activity quickened to the sharpest since September 2012.

Cast members at the premiere of 'Star Trek Into Darkness' at The Empire cinema in Leicester Square in London, May 2013.

Britain is starting to see green shoots of recovery as business activity picks up, companies continue to hire new staff and consumers start to spend again.

The Institute for Supply Management reported on May 1 that economic activity in the U.S. manufacturing sector expanded in April for the fifth consecutive month, while the overall economy grew for the 47th consecutive month.

LONDON: Business growth flagged in China, recession dragged on eurozone companies, and even US corporate growth slowed in April, according to surveys that bucked a stronger trend in US jobs data.

Europe is abuzz with economic news this morning. Fox Business cites recently released purchasing managers indexes in reporting that "the euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter." In addition, the PMIs showed that Germany is now suffering a contraction in business ... (more)

Inventories of manufacturing sector in Vietnam continued to fall in April thanks to government's measures to boost consumption.

The dollar edged up against the yen on Monday and stocks held near last week's multi-year highs as the global economic outlook, brightened by strong U.S. jobs data, buoyed sentiment.

Euro-area services and manufacturing output shrank for a 15th straight month in April and retail sales fell in March as the 17-nation economy struggled to emerge from recession.

The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.

The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.

Indian services growth eased dramatically during April as new orders came in at a much slower pace, prompting firms to rein in hiring plans, a business survey showed on Monday.

If current levels are any indication, bond markets did a surprisingly good job of getting to where the needed to go following NFP.

Hopes that Britain's economy could be stabilising have been bolstered by data showing that services companies posted their strongest performance last month since the Olympics.

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management Manufacturing Business Survey Committee.

Activity in the Irish services sector expanded for the ninth consecutive month in April, according to NCB's services PMI.

Asian markets slipped Thursday after US stocks tumbled on the back of weak employment and manufacturing data, as dealers eyed a policy meeting of the European Central Bank later in the day.

Mixed domestic reports along with discouraging economic data from China dragged the major indices into negative territory.