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German industrial orders rose more than expected in August due to a strong increase in computing, electronic and optical products, but the outlook for the sector remains challenging. Orders rose by 3.9% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. "This means that incoming orders have stabilised after a two-year decline," said Ralph Solveen, chief economist at Commerzbank.

South Korea's factory output unexpectedly jumped in August by the fastest rate in more than three years, led by chip production, official data showed on Wednesday. The industrial output index rose 5.5% in August from the previous month on a seasonally adjusted basis, after a 2.0% fall in July, according to Statistics Korea. That contrasts with a median 0.2% fall forecast in a Reuters survey and marks the fastest monthly gain since June 2020.

SEOUL (Reuters) -South Korea's exports fell at a less steeper pace in August than in the previous month and market expectations, raising some hopes that the key trade engine of the economy is starting to turn a corner though doubts remain over weak demand in China. The August figure was better than the median forecast for an 11.6% decline in a Reuters survey of economists, beating all but one of 22 estimates. The decline in China-bound exports softened to 20% from 25% the previous month, while shipments to the United States rose 2% after four months of decline.

XAI Octagon Floating Rate & Alternative Income Term Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares , payable on October 2, 2023, to common...

The inflation report the government will issue Thursday is expected to show that consumer prices increased 3.3% from 12 months earlier. On a month-to-month basis, consumer prices are thought to have risen 0.2% from June to July, the same as in the previous month, according to a survey of forecasters by the data firm FactSet. A jump in energy prices was likely a major contributor to higher inflation in July.