Rolling coverage of the latest economic and financial news
Good morning, and welcome to our rolling coverage of business, the financial markets, and the world economy.
Factories across Asia-Pacific countries have been hit by a drop in activity last month, as Donald Trump’s trade wars hit demand.
Surveys of purchasing managers from across the region, which are being released today, show that manufacturing output declined during August.
In Japan, new export business contracted at the sharpest rate since March 2024, according to the latest survey from data provider S&P Global. with factory activity shrinking again.
