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South Korean factory activity in November contracted again after two brief months of growth as new export orders shrank by the most in over five years, a sign of increasing pressure on businesses from slowing global demand. A revised survey showed Japan’s manufacturing activity expanded in November at the slowest pace in more than a year as growth in new orders slowed, a worrying sign economic expansion may be muted in the fourth quarter. “The underlying picture remains subdued, with momentum tilting towards a slowdown,” said Joe Hayes, economist at IHS Markit, which compiles the Purchasing Managers’ Index burberry cufflinks black uk online.
The survey results came on the heels of data out earlier on Monday showing a sharp slowdown in Japan’s capital expenditure, which had been considered a key driver of the export-reliant economy. Japan’s economy shrank an annualized 1.2 percent in July-September as natural disasters and slowing global demand hurt factory output and exports. Monday’s capital expenditure reading could mean revised gross domestic product (GDP) data due next week will show the economy shrank more than first calculated, analysts say burberry cufflinks black uk online.
PARIS (Reuters) – French President Emmanuel Macron will urge a visiting group of top Silicon Valley venture capitalists this week to invest in the nation’s start-ups while calling on them not to “steal” the best creations, four sources told Reuters. The discreet event, not mentioned in Macron’s official schedule, comes at a tough time for the French leader after rioters looted and ransacked boutiques and businesses in central Paris, chaotic images beamed around the world burberry cufflinks black uk online.
Executives from some of the biggest names in U.S. tech funding, including Andreessen Horowitz, Sequoia Capital and General Atlantic, are among the 40 expected in Paris on Wednesday and Thursday for a tour of the French startup scene. The two-day roadshow includes presentations from what sources called tech ‘superstars’ already investing in France as well as visits to hubs such as the Station F tech incubator in eastern Paris. But instead of simply urging them to invest in France, Macron, who is scheduled to host the investors at the Elysee palace on Thursday evening, will also tell the U.S. funds to help French businesses to flourish rather than pushing the best French entrepreneurs to move to the United States burberry cufflinks black uk online.