Posts Tagged ‘dims’
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
Author: Germina Lake
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
The EUR/USD extended its recent losses as traders remain cautious with the domestic and global growth picture dimming. A disappointing Euro-zone PMI reading only added to traders concerns, as the gauge of the manufacturing and service industries slipped to 56.1 from 56.7.
Read more on Daily FX via Yahoo! Finance
Posted in Forex Books | 
Tags: dims, Euro, Follows, Growth, Lower, manufacturing, Outlook, Stalling, stocks | 
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Asia sees opportunity as China’s lustre dims
Author: Germina Lake
Asia sees opportunity as China’s lustre dims
JAKARTA: Labour costs and the value of China’s currency are sending ripples around Asia as countries jostle to woo manufacturers that are rethinking their Chinese operations, analysts and officials said. Worker unrest at foreign-owned factories and the prospect of higher wage costs are forcing some manufacturers to consider countries such as Bangladesh, India, Indonesia and Vietnam, where wages …
Read more on Business Times