Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 488 results for "PMI"

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
... from digging deeper which, at the same time, prevented businesses and consumers from drowning. The JP Morgan Global Composite PMI underscores the V-shaped recovery in the global economy. Even better, the latest reading showed global economics activity ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... investment; industrial production - have sequentially improved since their sharp drops in February this year. The Caixin China PMI - composite, manufacturing, services - have returned to expansion in May and strengthened even more in June. More recently ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... May 25, and since then economic activity has picked up. This is underscored by the improvement in the au Jibun Bank Japan PMI surveys. The composite index moved closer to the expansion mark, rising to a reading of 43.9 in July from 40.8 in June and 27.8 ...

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
First State Super's planned rebrand to Aware Super last week ran into trouble when the fund failed to disseminate the information in formats accessible to all members. A First State Super member, who has a hearing impairment, wrote to the fund's ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... of emergency on May 25 - have produced some green shoots. This is underscored by the improvement in the au Jibun Bank Japan PMI surveys. The composite index moved closer to the expansion mark, rising to a reading of 40.8 in June from 27.8 in May and ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... sequentially eased to 6.3% in May from 24.5% three months before. Forward indications are also positive. The Caixin China PMI surveys have returned to readings indicating expansion - composite (55.7 in June from a record low 27.5 in February); manufacturing ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). The manufacturing PMI rose to a reading of 50.3 in June (indicating expansion), the second straight month of increase after ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... - and first out of it, it's economy is revitalising sooner than everyone else. This is underscored by the Caixin China PMI surveys that show the composite index continuing to improve from 47.6% (contraction) in April to 54.5 in May and 55.7 in June ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... restrictions. But it was the Eurozone that suffered the most - underscored by the sharper drop in the IHS/Markit Eurozone PMI that dropped from an expansion reading of 51.6 in February 2020 to a record low 13.6 two months later. The harder they fall ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... in December - before the pandemic to 3.1% in the year to the March quarter of 2020. Worse, the IHS/Markit India composite PMI remained at an extremely low 14.8 in May after dropping to a single-digit reading of 7.2 in April - suggesting that the worse ...