expected. shop more but spend less. that s the take away from the black friday weekend in the u.s. those who weren t in stores requiring online. trend retailers hope continues today, cyber monday. announcer: you re watching worldwide exchange bringing you business news from around the globe. a warm welcome to december here on worldwide exchange. we have data out from the eurozone. manufacturing pmi in the second estimate has ticked high from the flash. 51.6. the flash was 51.3. the output index was up to 32.1. this was on november data. the new export index, 54. the flash 53.1. it s driving eurozone activity to accelerate at its fastest pace two years. that growth is still weak. there s evidence of renewed downturn in france and spain as well as firms cutting staff so france still a big concern for the eurozone economy. we ll get more reaction on that in the next five minutes. at the same time, china is rolling out a new ipo plan. a 14 month freeze on new listings.
the first quarter. profits down at yahoo! but the numbers beat the street thanks to a great performance by alibaba. and russia warns ukraine it stands on the brink of civil war after kiev launches military operations to try to win background from the separatists. you re watching worldwide exchange, bringing you business news from around the globe. hello and a warm welcome to today s edition of worldwide exchange. there is a huge amount to get through in today s show, an awful lot to talk about. coming up, could the mobile phone as you know it soon be ancient history? google s planning a modular smartphone that consumers can customize with various hardware features. we ll take a look at that. bank of america set to report numbers from the bell today. find out why this is a top stock pick. and a fatal ferry industry. we ll be in seoul later in the show. first, asian stocks are up. first quarter gdp came in at 7 another 4%, that s down 7.7% from last quarter of l
IN SHANGHAI, a finance worker must clear her overdue mortgage or her bank will press charges. In Hangzhou, a couple have delayed having a baby and are relying on their parents to help pay their home loan, while another man is forced to sell two properties at a one million yuan (S$189,453) loss after his repayments spiralled.
China factory activity slows for first time in 3 months rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.