News | Latest Breaking News Stories & Headlines

China's official services Purchasing Managers' Index dipped to 54.5 in March from 55 in February

Growing service sector won't avert China slowdown

A robust services sector will not stop China's economy from slowing into the middle of the year, analysts said.

Investec PMI of activity in the services sector rose to 60.7 in March from 57.5 in February

Service sector expands for 20th month in a row

The services sector grew for the 20th month in a row in March and optimism among companies was at its second-highest level since March 2005.

Business • 03 Apr 14

The Investec PMI of activity in the services sector showed a reading of 57.5 for February

Services firms at their most optimistic in decade

The country's services sector grew for the 19th month in a row in February and companies were at their most optimistic in ten years.

Business • 05 Mar 14

Investec Purchasing Managers' Index of activity in the services sector grew for the 17th month to hit 61.8 in December

Services sector shows fastest growth since 2007

Activity in the country's services sector is at its highest level since 2007, a new survey shows.

Business • 06 Jan 14

Investec PMI index of activity in the services sector eased to 57.1 in November from 60.1 in October

Services sector growth eases but confidence grows

Growth in the services sector eased in November but confidence hit a seven-year high, a survey showed today, as economic momentum builds.

Business • 04 Dec 13

The ISM said its services index rose a point to 55.4 last month

US service sector activity rose in October

US service-sector business activity picked up in October and firms took on workers despite a partial government shutdown, but new order growth slowed for a second straight month, an industry report has shown.

Business • 05 Nov 13

UK Markit/CIPS Purchasing Managers' Index for services eased to 60.3 from August's near seven year high of 60.5.

UK services sector activity better than expected

Britain's service sector posted solid growth in September, rounding off its strongest quarter in over 16 years, helped by a recovery in the country's housing market, a survey showed today.

Business • 03 Oct 13

UK economy expanded by 0.3% in the three months from January to March

UK economy's return to growth confirmed

The UK's return to growth was underlined today as revised figures confirmed the dominant services sector helped the economy expand by 0.3% in the first three months of the year.

Business • 23 May 13