South Korean factory activity accelerates, but growth in new orders slows

The sub-index for new export orders dipped to a seasonally adjusted 51.9 from 53.7 in October. Photo: Reuters

South Korea’s manufacturing activity grew the most in six months last month, but the outlook was cloudy, as growth in new orders won by the country’s exporters slowed, a private-sector survey showed on Monday.

Monday, 2 December, 2013, 8:50am

Output growth in emerging markets rises most in 7 months

Russia had its strongest output growth in a year last month. Photo: Reuters

Output growth across emerging markets picked up last month, posting the fastest rise in seven months, while business expectations also rose from September’s near-record lows, a survey showed on Thursday.

The composite HSBC Emerging Markets Index for services and manufacturing rose to 51.7 from 50.7 in September, driven by the strongest rally in Chinese goods exports for 11 months.

7 Nov 2013 - 3:06pm

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

Growing factory output lifts hopes of reversing 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 manufacturing stronger than expected in May

A textile worker at a factory in Linhai, Zhejiang province. Photo: Reuters

China’s official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism that the world’s second-largest economy may be stabilising.

29 Aug 2013 - 4:13am

China official PMI to show minimal growth in May

Increasingly bearish forecasts suggest that China’s economy is growing more slowly than official forecasts suggest. Photo: AFP

China’s slowing factory sector may have barely grown in May amid lacklustre local and foreign demand, a Reuters poll showed, adding to fears that the world’s second-largest economy is losing steam.

31 May 2013 - 10:11am

China manufacturing shrinks for first time in 7 months

A worker assembles TFT-LED screens in a factory in Wuhan city in central China's Hubei province. Photo: EPA

The flash HSBC Purchasing Managers’ Index for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in April.

29 Aug 2013 - 4:13am

Growth slows for China's manufacturers, PMI shows

Growth slows for manufacturers in weak recovery

Beijing may be prompted to roll out more pro-growth steps but drastic stimulus plans seem unlikely. Mainland political leaders said at a recent Politburo meeting that they saw a need to "strengthen the momentum of economic growth", but cautioned against financial risks.

3 May 2013 - 4:22am

Fall in China PMI fuels pessimism

Mainland factories have been losing momentum. Photo: AFP

The sustainability of the mainland's economic recovery is in doubt after the official purchasing managers' index revealed a slowdown in the growth of manufacturing last month as new orders weakened.

2 May 2013 - 2:35am

Talking points

Naw Kham

Four drug traffickers, including Golden Triangle kingpin Naw Kham, will be executed in Kunming , Yunnan province, according to state media. Naw Kham and three accomplices were convicted of murdering 13 Chinese sailors in October 2011 in an attack on two ships on the Mekong River.

1 Mar 2013 - 3:32am

Mixed signals released on China's industrial outlook

Workers process shoes at a factory in Lishui in Zhejiang province. Analysts believe the strength of new orders will continue to support an economic recovery, but some weak spots remain in areas such as exports. Photo: Reuters

Analysts believe the strength of new orders will continue to support an economic recovery, but some weak spots remain in areas such as exports. The Lunar New Year complicates the picture, they said.

2 Feb 2013 - 4:44am

Asian markets mixed, China factory data underwhelms

Separate purchasing managers index figures released for China on Friday have sent conflicting signals to the market. The official data pointed to a moderate slowdown, but a figure submitted by HSBC put the PMI at a more than two-year high. Photo: AFP

Asian markets were mixed on Friday, with Tokyo supported by further weakness in the yen, while Hong Kong and Shanghai dipped after official data showed Chinese manufacturing saw a moderate slowdown.

Tokyo were up 0.35 per cent by the break and Sydney climbed 0.65 per cent while Hong Kong shed 0.56 per cent, Shanghai slipped 0.34 per cent and Seoul eased 0.74 per cent.

1 Feb 2013 - 11:24am

China’s services industries expand more slowly: HSBC

A woman passes a Beijing clothing shop. The latest purchasing managers index from HSBC Holdings and Markit Economics said China’s services industries expanded more slowly in November. Photo: AFP

China’s services industries expanded at a slower pace in November, damping hopes for a faster rebound in the economy after a seven-quarter slowdown.

5 Dec 2012 - 12:01pm

PMI pickup cuts odds for policy easing

Manufacturing has expanded, according to a HSBC survey.

The mainland's manufacturing sector is picking up, reducing the odds for further policy easing in the near term, but economists say a recovery might be uneven.

4 Dec 2012 - 4:51am

PMI data boosts hopes for mainland economic recovery

Orders are up for China's factories. Photo: Reuters

The mainland's services industry expanded last month, bolstering hopes for an economic recovery after last week's data indicated a pickup in manufacturing.

8 May 2015 - 9:46am