Japan's services sector PMI climbed to 53.8 in February, marking the highest reading in nearly two years and extending expansion for 11 consecutive months, driven by new business growth and robust domestic demand despite moderate overseas demand increases, according to S&P Global data released on the 4th.
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Japan's February Services PMI Hits 53.8, Highest in Nearly Two Years
Japan's services sector PMI climbed to 53.8 in February, marking the highest reading in nearly two years and extending expansion for 11 consecutive months, driven by new business growth and robust domestic demand despite moderate overseas demand increases, according to S&P Global data released on the 4th.
South Korea’s Ministry of Economy and Finance maintained its economic recovery outlook for a fourth straight month, citing improved domestic demand and a surge in semiconductor exports, while warning of volatility from global trade tensions and energy price swings.
#YonhapInfomax #MinistryOfEconomyAndFinance #SemiconductorExports #DomesticDemand #GDP #EmploymentGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105375South Korea's government and ruling party are considering designating January 27 as a temporary public holiday to spur domestic demand, potentially creating a nine-day "golden holiday" period amid efforts to support small businesses and revive consumption following recent economic setbacks.
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Ruling Party and Government Consider Designating January 27 as Temporary Public Holiday to Boost Domestic Demand - Yonhap Infomax
South Korea's government and ruling party are considering designating January 27 as a temp
The Bank of Korea forecasts a modest improvement in private sector employment for 2026, narrowing the employment gap despite structural headwinds, as public sector job growth slows and domestic demand recovers.
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Bank of Korea Expects Private Sector Employment to Improve in 2026, Narrowing Gap with Trend
The Bank of Korea forecasts a modest improvement in private sector employment for 2026, narrowing the employment gap despite structural headwinds, as public sector job growth slows and domestic demand recovers.
The IMF has raised its 2025 China GDP growth forecast to 4.5%, citing stronger-than-expected performance, while urging reforms to address property sector risks and boost domestic consumption.
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IMF Raises 2025 China Growth Forecast to 4.5%
The IMF has raised its 2025 China GDP growth forecast to 4.5%, citing stronger-than-expected performance, while urging reforms to address property sector risks and boost domestic consumption.
China’s services sector PMI for October came in at 52.6, slightly above expectations but at a three-month low, as robust domestic demand offset export weakness amid global trade uncertainty.
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China October S&P Global Services PMI at 52.6—Beats Expectations (Update)
China’s services sector PMI for October came in at 52.6, slightly above expectations but at a three-month low, as robust domestic demand offset export weakness amid global trade uncertainty.
Bank of Korea Expects Domestic Demand-Driven Growth to Accelerate Next Year, While Exports Set to Slow
Bank of Korea forecasts stronger domestic demand-led growth in 2025, but warns export momentum will weaken amid shifting global conditions.
Japan September Services PMI Final at 53.3—Up from Previous 53
Japan’s services sector expanded for the 11th straight month in September, with the final PMI at 53.3, driven by strong domestic demand despite weaker exports.
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