SEOUL, Nov 1 (Reuters) - South Korea's factory activity grew at its slowest pace in 13 months in October, led by a contraction in output and softer demand as shortages of chips and supply chain disruption weighed on the sector.
TOKYO, Nov 1 (Reuters) - Japan's factory activity expanded at the fastest pace in six months in October, an encouraging sign for the world's third-largest economy as it navigates the challenges posed by persistent global raw material and chips shortages.
BEIJING (Reuters) - China’s factory activity expanded at its fastest pace in four months in October, buoyed by stronger demand, but power shortages and rising costs weighed on production, a business survey showed on Monday.
Oct 29 (Reuters) - The U.S. auto sector’s production slump this year is more than a big minus for Detroit - it’s a major drag on the entire economy.
WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai said on Thursday that her engagement with China is aimed at reducing the temperature of a trading relationship between the world’s two largest economies that has become dangerously heated.
WASHINGTON, Oct 28 (Reuters) - The U.S. economy likely grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, further straining global supply chains and causing shortages of goods like automobiles that almost stifled consumer spending.
