South Africa's private sector expanded for a second straight month in July, though at a slightly slower pace as weaker employment growth and renewed stock drawdowns offset a return to output growth, a business survey showed on Wednesday. The S&P Global South Africa Purchasing Managers' Index (PMI) fell to 50.3 in July from 50.5 in June, a survey by S&P Global showed.

India's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for a third month. Easing input cost…

A rise in new business and export orders helped maintain growing demand and strong production over the month.

India's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moderate, posting the softest growth in…