Asia’s factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging outlook, private surveys showed, keeping policymakers under pressure to shore up their fragile economies. Factory activity in Japan shrank in September and expanded at a slower pace in Taiwan, purchasing managers’ index (PMI) surveys showed on Tuesday, highlighting the toll soft global demand was taking on Asian exporters. It was a similar picture in Japan, which is relying on exports to boost economic growth amid subdued consumption.Read More