Factory output growth weakest in over four years, RBI rate cut likely
Fp Archives • 12 years agoIndia's factories lost momentum in April as output grew at its weakest pace in over four years, but a jump in export orders augured well for the coming months, a survey showed on Thursday.
China factory PMI stumbles in Apr; raises doubts about economy's strength
Fp Archives • 12 years agoGrowth in China's manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter.
China HSBC PMI picks up in March but Q1 momentum seen muted
Fp Archives • 12 years agoGrowth in China's vast manufacturing sector picked up in March after a holiday dip, a preliminary survey of factory managers showed on Thursday, pointing towards solid but not spectacular first-quarter growth
China's manufacturing picks up after holiday dip: HSBC PMI
Chadha • 12 years agoThe HSBC Purchasing Managers' Index for March revived to 51.7 in March from 50.4 in February, but remained below a two-year high of 52.3 reached at the beginning of the year.
HSBC India services PMI slips in February
Fp Archives • 12 years agoAfter registering a 12 month high in January, the country's services sector witnessed "continued, albeit slower" pace of expansion in February amid a decline in new business orders, an HSBC survey said today.
China February services PMI falls from 8-month high
Fp Archives • 12 years agoChina's services sector cooled in February after new business receded from eight-month highs, a private survey showed on Tuesday, in line with slower factory activity that suggests a modest rebound in the world's second-biggest economy this year.
Indian manufacturing growth slumps to lowest since Nov
Fp Archives • 13 years agoShrinking export orders and sluggish output dragged Indian manufacturing growth in July down to its weakest pace since last November, a business survey showed on Wednesday.
June services PMI picks up but at a slower pace
Fp Archives • 13 years agoHSBC's services purchasing managers' index, which gauges the activity of around 400 firms in India, dropped to 54.3 in June from 54.7 in May.
China's factory activity shrinks to 7-month low in June: HSBC
Fp Archives • 13 years agoJune was the eighth straight month of a reading below 50, the threshold dividing expansion from contraction in the survey methodology.
China factory activity shrinks for third month
Fp Archives • 13 years agoThe HSBC final manufacturing purchasing managers index for China stood at 48.8 in January, a reading signalling contraction albeit at the slowest pace in three months.