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Showing 161 - 170 of 1459 results for "Manufacturing"

BlackRock bullish on China

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... cities implies higher wages and spending," they said. "We also see a boost in healthcare from domestic spending and manufacturing scale and efficiencies in time to market." Whether it is healthcare, consumer, or internet-related areas, the market caps ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... dropped to a reading of 36.2 in March from 47.0 in February, driven by the dive in the services PMI to 33.8 while the manufacturing sector's 10-month contraction deepened further to 44.8. Ergo, despite having the highest government debt-to-GDP ratio ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... from 51.4 in February, paced by the near halving of the services PMI to 26.4 (from 52.8) and continued falls in the manufacturing PMI to 44.5 (from 49.2), which had been in contraction territory for the 14th straight month. This year to date, the Euro ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... However, state comments indicated a wider impact across industries." These include healthcare, social assistance, manufacturing, retail, wholesale trade and the construction industry. In a release, secretary of labor Eugene Scalia said the staggering ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... just hospitality workers that have been stood down - it's every other company that feeds off that. It's manufacturing, it's services companies; it's got its tentacles all over the place. There isn't a fund that will not be impacted ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... Statistics(NBS) provides an early indication that economic activity there has returned to expansion. The official manufacturing PMI surged to a reading of 52.0 in March from a record low reading of 35.7 in the previous month due to improvements in all ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing declined to its lowest reading (49.2) in more than a decade and services plunged to a new series low reading of 39.1. The ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... shown by the latest UK Markit/CIPS figures - composite PMI down to a reading of 37.1 in March from 53.0 in February; manufacturing down to 48.0 from 51.7; services down to 35.7 from 53.2. But unlike the UK, the Australian government is heading into an ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... economic outlook improves, so too should sentiment lift in Australia, Craig argued. "To be clear, resumption of manufacturing production activity is still slow, and the risk of a new wave of infections should not be neglected," he said. "However, as ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... economy. "The economic impact is already visible in the countries most affected by the outbreak. For example, in China, manufacturing and service sector activity declined dramatically in February," Gopinath said. "While the drop in manufacturing is comparable ...

Editor's Choice

QIC splashes $32m on PEP acquisition

KARREN VERGARA
Queensland Investment Corporation (QIC) spent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor.

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON
Lazard Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF.

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test.

Most in-demand skills for financial services workers

ELIZA BAVIN
Perceptor data has revealed the state of financial services salaries in its most recent review.

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