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Global Stock Market

German economic downturn deepens in Aug

A downturn in German business activity deepened in August, a preliminary survey showed on Tuesday, as companies saw demand dampened by a combination of high inflation, rising interest rates and economic uncertainty. S&P Global’s flash composite Purchasing Managers’ Index (PMI), which tracks both the manufacturing and services sectors which together …

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Japanese stocks fall

Japanese stocks gave up their gains and closed flat on Friday with the decliners that led the rally recently, while investors awaited a seminar by the Federal Reserve next week. The Japanese Nikkei index closed down 0.4 percent at 28,930.33 points. It had opened with an increase of 0.53 percent …

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