TOKYO (Reuters) - The safe-haven U.S. dollar remained broadly weaker on Wednesday as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets.
BEIJING (Reuters) - China’s services sector activity grew at its slowest pace in 10 months in February as firms struggled with sluggish demand and high costs, a private sector survey showed on Wednesday, prompting them to cut jobs.
TOKYO (Reuters) - Japan’s services sector extended declines in February for a 13th straight month, as business activity was hit by curbs put in place to stop the spread of the coronavirus pandemic, leading to weak demand.
Japan’s motor vehicle sales dropped in February for the first time in five months, in the latest sign of fallout from the global shortage of semiconductors.
HONG KONG/NEW YORK (Reuters) - Asia extended the global rally in stocks on Tuesday as a halt in a recent bond markets sell-off eased investor nerves and lifted riskier assets, although oil prices were on the defensive on fears of slowing Chinese energy consumption.
SEOUL, March 2 (Reuters) - South Korea’s factory activity expanded at its fastest pace in nearly 11 years in February, a private survey showed on Tuesday, as the strongest growth in over a decade in production and new orders drove the recovery in the manufacturing-heavy economy.
