Shares and euro ease, but China PMI supports

TOKYO (Reuters) - Asian shares and the euro eased on Monday, but losses were kept in check after a report showed Chinese factory activity stabilizing in April, alleviating worries about a sharp growth slowdown in the world's second-largest economy.

NEW YORK — U.S. manufacturing growth picked up in March as new orders increased and hiring quickened, closing out the best quarter for the sector in two years, a survey showed on Monday. Financial data firm Markit said its U.S. Manufacturing Purchasing Managers Index rose to 54.6 last month from 54.3 in February. A reading above 50 indicates expansion. Output increased, though the rate of growth slipped to 56.6 from 57.3 in February.

BEIJING (Reuters) - China's factori

Asian shares and the euro eased on Monday, but losses were kept in check after a report showed Chinese factory activity stabilizing in April, alleviating worries about a sharp growth slowdown in the world's ...

By Kevin Yao BEIJING (Reuters) - Growth in China's vast factory

It’s pretty grim really. These surveys are pointing to a pretty deep recession LONDON/SINGAPORE — Eurozone factories sank deeper into recession in December as new orders tumbled, business surveys showed on Wednesday, a sharp contrast to continuing signs of revival in China. U.S. manufacturing reports, to be released later in the day, are expected to show activity in the world’s largest economy to have expanded modestly.

LONDON — Chinese factory activity shrank in May for the first time in seven months, overshadowing signs that the eurozone’s downturn tempered slightly in May, business surveys showed on Thursday. World stock markets tumbled after the Chinese data and also in response to U.S. Federal Reserve Chairman Ben Bernanke, who hinted on Wednesday the Fed could soon pare back its bond-buying with new money if the economy maintains momentum.

BEIJING (Reuters) - China's factory-sector growth eased in April as new export orders