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Stocks erase week's gains after weak manufacturing surveys

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Asian shares were subdued on Thursday after a negative performance on Wall Street, with caution ahead of business surveys in Europe and Japan, and ...

LONDON: Global shares erased this week's gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a slowdown in global growth, adding to profit taking ahead of the long Easter weekend.

He said the performance of the German manufacturing sector, often referred to as the engine room of Europe, has ramifications for the bloc as a whole. Washington and Beijing set a tentative timeline for a fresh round of face-to-face meetings ahead of a possible signing ceremony in late May or early June, according to a Wall Street Journal report.

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