strong growth

WASHINGTON | Survey: US services firms grew in November

WASHINGTON — U.S. services firms grew at a slightly stronger pace in November, a sign that the recent stock market sell-offs have yet to dampen enthusiasm among consumers. The Institute for Supply Management, which is composed of purchasing managers, reported Thursday that its services index rose to 60.7 last month, up from 60.3 in October. … Continue reading WASHINGTON | Survey: US services firms grew in November

BANGKOK | Asia shares skid, Tokyo down 3.6 pct, after rout on Wall St

BANGKOK — Shares tumbled in Asia on Thursday, led by declines in semiconductor makers and other technology-oriented shares, after another torrent of selling on Wall Street. Japan’s Nikkei 225 index sank sharply on the open but regained some lost ground, falling 3.7 percent to 21,267.18. The Shanghai Composite index slipped 1.4 percent to 2,567.92 and … Continue reading BANGKOK | Asia shares skid, Tokyo down 3.6 pct, after rout on Wall St

BERLIN | German economy defies trade gloom with strong growth

BERLIN — The German economy accelerated in the second quarter despite the U.S. move to impose new tariffs on the European Union, official data showed Tuesday, performing slightly better than economists had expected. Germany’s economy, Europe’s biggest, grew by 0.5 percent compared with the previous three-month period. That is up from 0.4 percent in the … Continue reading BERLIN | German economy defies trade gloom with strong growth