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Showing 231 - 240 of 1545 results for "manufacturing"

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... said the crisis has dealt a uniquely large blow to the services sector. In typical crises, the brunt is borne by manufacturing, reflecting a decline in investment, while the effect on services is generally muted as consumption demand is less affected. ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... Caixin China composite PMI - up to a reading of 54.5 in May from a record low of 27.5 in February - as both the manufacturing (up to 50.8 from 40.3 in February) and services sectors (up to 55.0 from 26.5 in Feb) rebounded. However, recent news that Beijing ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... surveys -- composite PMI increased to a reading of 31.9 in May from a record low of 13.6 in the previous month; manufacturing PMI rose to 39.4 in May (from 33.4 in April); services s PMI went up to 30.5 in May (from 12.0 in April) - private sector activity ...

Let's not waste the crisis

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... stressed the importance of supply chain resilience - and the potential for the nationalisation and on-shoring of manufacturing. "The crisis has caused a sudden awareness of the vulnerabilities of global, low inventory supply chains and distributed operating ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... composite PMI increased to a preliminary reading of 30.5 in May (from a record low of 13.6 in the previous month); manufacturing PMI rose to 39.5 in May (from 33.4 in April); services s PMI went up to 28.7 in May (from 12.0 in April) - private sector ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... retail spending eased to 7.5% after contracting by a whopping 20.5% in February - and surveys - China's official manufacturing and services PMI rebounded back into expansion territory (above 50) in March and April - central command has moved to prevent ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... contraction territory). Same with the services PMI - which "improved" to a reading of 25.5 from 19.5 in April) but the manufacturing sector plumbed new record depths (down to 42.8 in May from 44.1 in April). But all's not lost. Commenting on the ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
... benchmark-relative strategies. Hence, the new strategy will have some exclusions (companies with child labour breaches, companies manufacturing tobacco products and companies involved in production or distribution of cluster munitions). But it will focus ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... less than $50,000, according to analysis from AMP. AMP said members working in the hospitality, arts, recreation, manufacturing and wholesale trade industries had highest rates of applications for the scheme. AMP said it received 52,379 applications ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... contributors to the surge in revenue. These include shopping retailer manager Scentre Group, engineering company Worley, manufacturing supplier Boral, and casino operator Star Entertainment. All of these investments were made with a long-term view. Other ...