BERLIN—The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic, and supply disruptions bringing Europe’s largest economy to the edge of a downturn. Gross domestic product was unchanged quarter on quarter in adjusted terms, the federal statistics office said. A Reuters poll of economists had forecast…
Asian Shares Slip as Evergrande, Inflation Worries Sap Positive Mood
October 3, 2021
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Business & EconomyChinaChina Business & EconomyCOVID-19EconomiesmanufacturingMarket WatchMarketsStagnate
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TOKYO—Asian shares dipped on Monday as concerns about China’s property sector and inflation worries offset upbeat U.S. data and positive news on new drugs to fight the coronavirus. Trading in shares of debt-laden China Evergrande was suspended after it missed a key interest payment on its offshore debt obligation for the second time last week….
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