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Showing 21 - 30 of 488 results for "PMI"

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... and its growing demand for steel as it proceeds onwards with its industrialisation and urbanisation. While the Caixin China PMI surveys - composite, manufacturing, services - slowed in February 2021 - they remain at levels indicating continued expansion. ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... the overriding conclusion that could be derived from the flash estimates of the IHS Markit Purchasing Managers' Index (PMI) surveys conducted for the US, the Eurozone, the UK and Japan. The PMI is based on monthly surveys of carefully selected companies ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... as Li underscored: "In 2021, China will continue to face many development risks and challenges..." The latest Caixin China PMI surveys back Li's warning. Although still at a reading indicating expansion, the composite output index registered its ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... contracting by 0.7% (there's that "7" again) in the final quarter of 2020. Readings from the latest IHS/Markit Eurozone PMI surveys - both the composite and services PMI fell deeper into contraction territory, to 47.8 and 45.4 in January; although ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... Just think about its negative implications for consumer spending and inflation. Not surprisingly, the au Jibun Bank Japan PMI indices - manufacturing, services and composite - have all weakened in January. So what's keeping the Japanese stockmarket ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... from negative 10.2% in the June quarter. Manufacturing and service sector activity - as measured by the au Jibun Bank Japan PMI - rebounded from the record lows seen in April last year. The sun was finally rising in Japan. That is until the third wave ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... skepticism over its effectiveness that, in turn, are weighing on business activity. The latest IHS Markit Eurozone Composite PMI showed that although overall activity improved from the six-month low reading of 45.3 in November, it remains in contraction ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... of November, following a 0.1% fall in the previous month for its second straight month of decline. The IHS Markit Flash US PMI finds that this continued in December. Here are its key findings: Flash US Composite Output Index at 55.7 (58.6 in November). ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
Vision Super and its group insurer MLC Life have increased the cost of insurance premiums by 17.8%. The $10.3 billion industry fund said that MLC Life had determined the 17.8% increase was required to continue to cover the cost of providing insurance ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China PMI surveys portend the growing times will continue to roll. I won't bore you with the details but here's the picture......and ...