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“We haven’t changed our view that demand for our high-end sensors will increase, or our plans to increase production capacity to the full,” Totoki said. “But we will adjust the timing of the capacity boost depending on demand.”. Sony’s stock price hit an 11-year high in September as investors cheered the firm’s reinvention. However, it has since dropped by a quarter on concerns over gaming and sensors cufflink orientation. Still, Sony maintained its annual profit forecast of 870 billion yen, exceeding an all-time high marked just last year..
LONDON/HONG KONG (Reuters) – Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth. Weak Purchasing Managers Index (PMI) readings reinforce expectations central banks will put any further interest rate hikes on hold this year and fuel expectations a global economic slowdown is underway, as highlighted in a Reuters poll last month cufflink orientation. Trade-focused Asia appears to be suffering the most visible loss of momentum so far, with activity shrinking in China, although European economies are stuck in low gear and many emerging markets are sputtering..
The euro zone has been rocked by protests in France, an auto sector struggling to regain momentum, political strife and rising trade protectionism cufflink orientation. Manufacturing growth in the bloc was minimal last month, at a four-year low, and forward looking indicators suggest there will be no turnaround soon. [EUR/PMIM]. Germany’s manufacturing sector contracted for the first time in more than four years as Europe’s powerhouse was hit by trade tensions although activity in France rebounded, helped by jobs growth..
British factories are scrambling to stockpile goods at the fastest rate since records began in the early 1990s as they brace for a potentially chaotic Brexit in less than two months’ time. Yet growth was weaker than expected and optimism waned. [GB/PMIM]. Last week, the International Monetary Fund cut its world growth forecasts for this year and next and said failure to resolve protectionism could further destabilize the slowing global economy cufflink orientation. “Unfortunately, the situation still looks set to get worse first. We have to brace ourselves for an ongoing string of weak economic data driven by, but not confined to, much weaker global trade,” said Holger Schmieding, chief economist at Berenberg..
On Wednesday, the U.S. Federal Reserve signaled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the U.S. economy. In some countries there is even chatter about potential rate cuts. Beijing is under pressure to come up with more stimulus measures and find common ground with the United States to prevent their trade war from escalating. U.S. President Donald Trump said on Thursday he will meet Chinese President Xi Jinping soon to try and seal a comprehensive trade deal as Trump and his top trade negotiator both cited substantial progress in two days of high-level talks cufflink orientation.