China’s economy slowdown deepens in August with retail sales, industrial output missing expectations

Shanghai Bund skyline panorama Yangna | E+ | Getty Images China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. Retail sales last month rose 3.4% from a year earlier, data from the National Bureau of Statistics showed…

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Nikkei 225, Kospi, Nifty 50

Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets traded higher, tracking Wall Street gains overnight. Japan’s benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South Korea’s Kospi climbed 0.83%, and the small-cap Kosdaq jumped 0.65%. Australia’s benchmark S&P/ASX 200 added 0.41%. Futures for…

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