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Showing 241 - 250 of 1545 results for "manufacturing"

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... day as the RBA's Board meeting) to a record low of 21.7 in April from 39.4 in the previous month -- as both manufacturing (down to 45.6) and services (down to 19.5) contracted at their fastest pace on record - gives credence to the RBA's gloomy ...

Mortgage Choice Financial Planning rebrands

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... reliance on grandfathered revenue, no cross subsidisation from volume bonuses, no cross subsidisation from product manufacturing and do not charge asset-based fees." Thomas said FinChoice will keep a focus on technology, say it is the key to delivering ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... from 29.7 in March suggests that the second quarter is off to a bad start. Even worse, the region's preliminary manufacturing PMI estimate for April had been downgraded from a reading of 33.6 points (the lowest in 134 months) to a final reading of ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... the series began in late-2009" - from March's final reading of 40.9, dragged down by significant falls in the manufacturing and services sectors. The manufacturing PMI declined to a 133-month low reading of 36.9 in April from 48.5 in the previous ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... loosening of monetary policy by many central banks over the past year," he said. "Global business confidence and other manufacturing indicators have generally picked up. Domestically, near-term uncertainties facing businesses and households have receded. ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... lifting to 10.4% this year and only easing to 9.1% in 2021. This is affirmed by the continued deterioration in the ISM manufacturing employment index to a reading of 43.8 in March from 46.9 in the previous month; the ISM non-manufacturing employment ...

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 ...