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World outlook darkens as factory activity slips, orders fall

Reuters  |  LONDON/TOKYO 

By Jonathan Cable and Leika KiharaLONDON/TOKYO (Reuters) - Global economic prospects appear gloomy as year-end approaches after factory activity and export orders weakened in November, prompting analysts to predict no quick rebound amid persistent global trade tensions.In a sign that corporate sentiment is taking a hit from the worries over protectionism, manufacturing activity slipped in November in countries as varied as France, Germany, Indonesia and South Korea, IHS Markit Purchasing Managers' Indexes showed on Monday.British factories bucked the trend but the approach of Brexit was felt ...

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First Published: Mon, December 03 2018. 17:09 IST