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Showing 251 - 260 of 1545 results for "manufacturing"

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 ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... economic growth forecast to 4.9%. This figure is consistent with the latest China PMI readings. The official NBS Manufacturing PMI dropped to a reading of 35.7 in February from 50.0 in the previous month. This is the lowest level on record and is below ...

EM debt relatively unscathed by virus: Research

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... countries will likely depend on their economic ties to China. "In Southeast Asia, countries that are part of the Chinese manufacturing supply chain could face a slowdown," the EM team said. "Additionally, many Asian countries will be affected as tourism ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... consensus of 51.0 and is the fastest rate of expansion since August 2019 - due to improvements in both the service and manufacturing sectors. The ECB would surely help, if it could. But with the current policy rate at zero, there's little scope to ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... 250,000 to 500,000 deaths." Then again, the flu hasn't caused such widespread disruption to travel and tourism, manufacturing operations, supply linkages, shutdowns of entire towns/cities, etc. as COVID-19 has now done. So much so, that the global ...