Japans Factory Activity Falls on Soft Orders PMI

TOKYO, Aug 1 Japan39;s factory activity contracted at a faster pace in July, a business survey showed on Tuesday, taking a hit from soft orders amid weakening global economic conditions. The final au Jibun Bank Japan manufacturing purchasing managers39; index PMI fell to 49.6 in July, slightly higher than flash 49.4 but down from 49.8 in […]
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Indian Factory Growth Eased for Second Month in July

BENGALURU, Aug 1 Reuters Growth in India39;s manufacturing activity eased in July for a second month, with some moderation in output and new orders, although the pace of expansion remained healthy, a private business survey showed on Tuesday. The sector has remained resilient despite declines in manufacturing activity in other major producers, suggesting Asia39;s thirdlargest […]
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Japans Mitsui Q1 net Profit Down 8 on Lower Commodity Prices

TOKYO, Aug 1 Reuters Japanese trading house Mitsui Co on Tuesday posted an 8 fall in firstquarter net profit to 252.8 billion yen 1.8 billion, yearonyear, hit by lower commodity prices. Japanese trading houses, including Mitsui and its peers Mitsubishi Corp and Sumitomo Corp, posted record profits last year as commodity prices soared on Russian invasion of […]
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