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Showing 11 - 20 of 48 results for "Caixin"

Chief economist update: Approaching peak isolation

BENJAMIN ONG | WEDNESDAY, 29 APR 2020

... in April - the lowest since records began in September 2007 - from 33.8 in March. These contrast with the rebound in the Caixin China composite PMI to a reading of 46.7 in March from 27.5 in February (no April update yet) - with the services PMI jumping ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG | MONDAY, 3 FEB 2020

... the negative consequences on economic growth, especially China's, are equally scary, if not scarier. According to a Caixin report China's coronavirus outbreak cost more than 1 trillion yuan ($217 billion) in losses to the restaurant, tourism ...

Chief economist update: Happy New Year rat

BENJAMIN ONG | MONDAY, 20 JAN 2020

... following a slowdown to a six-month low of 7.2% in October. These have all been captured by China's PMI indices. The Caixin China composite PMI eased to a reading of 52.6 in December from November's 21-month high reading of 53.2 due to a slower ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG | THURSDAY, 16 JAN 2020

... Macroeconomic Analysis at CEBM Group, nominates as "a major hurdle to stabilizing the economy". So far so good for China. The Caixin China composite PMI eased to a reading of 52.6 in December from November's 21-month high reading of 53.2 due to a ...

Chief economist update: Good news is good news

BENJAMIN ONG | MONDAY, 4 NOV 2019

... October 30 (the 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 ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG | MONDAY, 13 MAY 2019

... that have recently been sprouting in the Chinese economy. Both the National Bureau of Statistics' (official) and the Caixin PMI surveys show that the non-manufacturing sector (services) remains in expansion while manufacturing activity has rebounded ...

Chief economist update: China and the spring in its step

BENJAMIN ONG | THURSDAY, 18 APR 2019

... increased by 8.7% in the year to March, accelerating from 8.2% recorded in December 2018, January and February 2019. The Caixin China PMI survey showed the manufacturing sector back in expansion in March after posting sub-50 readings (indicating contraction) ...

Chief economist update: China stitches it in time

BENJAMIN ONG | TUESDAY, 2 APR 2019

... followed indications of contraction in December, January and February. For those who remain suspicious of Chinese stats, the Caixin China General Manufacturing PMI offers the same indication, with the index rising to a reading of 50.8 in March from 49.9 ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG | MONDAY, 4 MAR 2019

... continued downtrend in fixed asset investment, industrial production and retail sales. Not to mention the lead from the Caixin China composite PMI which has declined to within a whisker of stall speed (50.9) in January from 52.2 in the previous month ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG | TUESDAY, 6 NOV 2018

... Purchasing Managers' survey indicate that the economy could be heading for stagnation. According to Markit Economics/Caixin: "The Caixin China Composite Output Index dipped to 50.5 in October from the previous month, reaching its lowest level since ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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