The Traderszone Network

Published in TZ Latest News 1 December, 2015 by The TZ Newswire Staff

Global economy – Factories still struggling as U.S. rate hike looms

LONDON/JAKARTA (Reuters) – Manufacturing activity deteriorated across much of Asia in November and while European factories reports improved, the region struggled to gather momentum. Business surveys on Tuesday showed few signs of vigour across trade-reliant Asia, apart from Japan, with sluggish demand at home and abroad forcing manufacturers from China to Indonesia to throttle back production, cut selling prices and shed more jobs.

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