• Thu
  • Aug 28, 2014
  • Updated: 9:58pm

Manufacturing

Drop in HSBC flash PMI confirms weakness in Chinese economy

An index of mainland manufacturing activity unexpectedly fell, underscoring the risk that leaders will need to add stimulus to meet this year's goal for economic growth.

Tuesday, 25 March, 2014, 1:08am

China retail sales lead business activity weakness, survey finds

Slowing retail sales stand out as the primary drag on the mainland's economic growth so far this year, while activity in almost every other business sector sagged, the latest quarterly China Beige Book survey found.

22 Mar 2014 - 4:58am 11 comments

Data points to broad slowdown in Chinese economy

Fresh signs of weakness in the mainland economy have emerged, with a raft of indicators sinking to their lowest levels in years, but Premier Li Keqiang played down the need for stimulus, curbing hopes of a shift in policy.

14 Mar 2014 - 6:07pm 7 comments

Growth a challenge as key China manufacturing indices fall

The purchasing managers' index from HSBC and Markit Economics dropped to a seven-month low of 48.5, they said yesterday. A similar gauge from the government with a larger sample size fell to 50.2, the lowest since June, a report showed at the weekend. Numbers above 50 signal expansion.

4 Mar 2014 - 1:58am

Singapore GDP grows faster than expected

Singapore’s economy grew faster than expected in last year’s fourth quarter, helped by a surge in manufacturing output, government data showed on Thursday.

The city state’s economy expanded an annualised and seasonally adjusted 6.1 per cent from the previous quarter, data from the Ministry of Trade and Industry showed.

20 Feb 2014 - 3:42pm 2 comments

Global manufacturing data raises growth fears

Manufacturers in China, the United States and Europe struggled last month as demand fell, suggesting an ailing world economy that still needs a steady diet of central bank support.

4 Jun 2013 - 3:57am

Higher PMI reading lifts hopes of reversing China's first-quarter slowdown

The official Purchasing Managers' Index (PMI) rose to 50.8 from 50.6 in April, the National Bureau of Statistics and China Federation of Logistics and Purchasing said yesterday. That was higher than all estimates in a Bloomberg survey of 30 analysts and above the median projection of 50, which divides growth from contraction.

2 Jun 2013 - 6:28am

China and Brazil: tension building between BRIC duo

China and Brazil are two countries with steady growth, activist state sectors and hugely popular governments. They will be in the same corner of the world stage for decades. Both argue for a more multipolar and equitable world order - one that is less US-driven.

30 May 2013 - 4:33am

Markets fall as Chinese production weakens

The deteriorating outlook on the mainland sent Japan's Nikkei 225 stock average slumping 7.3 per cent, registering the deepest loss since the 2011 earthquake and tsunami. The Hang Seng Index dropped 2.54 per cent to 22,669.68, its biggest slide in seven weeks. The Shanghai Composite Index fell 1.16 per cent while Australia's S&P/ASX 200 Index dropped 1.99 per cent.

24 May 2013 - 3:47am

Johnson Electric sales down as demand weakens

Johnson Electric posted a 4 per cent fall in total sales, which the electronic component manufacturer blamed on weaker demand and currency movements. The company's sales declined to US$2.06 billion year on year for the 12 months up to March 31, while net profit rose 2.5 per cent to a record US$191 million.

17 May 2013 - 4:06am

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