China manufacturing drops to 8-month low

2019-10-31

Chinese manufacturing activity fell to an eight-month low in October, an official gauge showed, raising another warning signal as hopes for a U.S.-China trade truce were dealt a further blow. China’s official gauge of factory activity, the manufacturing purchasing managers index, dropped to 49.3 in October from 49.8 in September,Read More →

Asian markets mixed on weak Japan manufacturing data

2019-08-21

Asian markets were mixed in early trading Thursday, following a day of gains on Wall Street. Preliminary data Wednesday showed Japan’s manufacturing activity shrank for a fourth consecutive month, according to Reuters. The Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index rose to a seasonally adjusted 49.5 in August fromRead More →

Asian markets jump after surprise bounce in China’s manufacturing

2019-03-31

Asian markets rose in early trading Monday after encouraging economic news from China. China’s official purchasing managers index, released Sunday, showed that the country’s manufacturing sector rebounded strongly in March, to a six-month high of 50.5, from 49.2 in February. Later, the private Caixin China manufacturing purchasing managers index roseRead More →