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Showing 271 - 280 of 1545 results for "manufacturing"

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... over a US-China "phase one" deal (despite some stumbling blocks) and accompanied by the recent improvement in world manufacturing activity. The JP Morgan global manufacturing PMI rebounded into expansion territory to a seven month high reading of 50.3 ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
It might be a mere 0.2 point above the line but it was indication enough that China's manufacturing sector has stopped contracting. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.2 in November ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... the global economy (despite recent optimism over a US-China trade deal and indications of a bottoming in global manufacturing activity) and the persistent weakness in household spending (due to the high level of household indebtedness), perhaps not. ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... "phase one" deal between the US and China and indications from the Markit PMI surveys that the contraction in global manufacturing activity has bottomed. As such, the VIX index - the fear gauge - has dropped from this year's high of 24.59 in August ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... over the past few months plus its "technical adjustment" (don't call it QE). In addition, the slump in global manufacturing activity appears to have bottomed and just as it led the services sector down it heralds a turnaround from the trend decline ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... composite PMI fell to a reading of 49.1 in October from 51.5 in the previous month due to the continued weakness in the manufacturing sector (down to 48.4 from 48.9 in September) and the first contraction in the services sector (down to 49.7 from 52.8) ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... third in as many FOMC meetings - July and September). And China appears to be getting back up too. The Caixin China manufacturing PMI rose from 51.4 in September to 51.7% in October. No big deal given the quantum of increase but a big one given that ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... Commonwealth Bank Composite PMI fell to a reading of 50.7 in October from 52.0 in the previous month as both the manufacturing (down to 50.1) and services (down to 50.8) sectors close in on the precipice between expansion and contraction. This is hardly ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
Aviva Investors has warned of a one in three chance of a global recession next year, saying the trade and manufacturing sector is already at recessionary levels. The global asset manager outlines in its report that it expects global growth to remain ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... the yen compounding the challenges faced by Japanese manufacturers. Recent data shows that the Jibun Bank Japan Manufacturing PMI fell to a reading of 48.9 in September - the fifth straight month of contraction in the sector. Likewise, while it came ...