China39;s Caixin PMI rises to 51.1 in March, highest in 13 months Manufacturing activities shrink in Japan, South Korea Asia facing competition from cheap Chinese exports analyst TOKYO, April 1 Reuters Factory activity in many Asia economies weakened in March despite a rebound in China as lacklustre domestic demand dragged on growth, surveys showed on […]

SEOUL, April 1 Reuters South Korea39;s manufacturing activity weakened in March as slowing domestic demand offset robust overseas sales, a privatesector survey showed on Monday. The purchasing managers index PMI for manufacturers in Asia39;s fourthlargest economy, compiled by SP Global, stood at 49.8 in March on a seasonally adjusted basis, down from 50.7 in February. […]

TOKYO, April 1 Reuters Japan39;s factory activity in March contracted for the 10th consecutive month though the downturn was the least pronounced in four months, helped by softer contractions in output and orders, a privatesector survey showed on Monday. The final au Jibun Bank Japan manufacturing purchasing managers39; index PMI was at 48.2 in March, […]

SEOUL, April 1 Reuters Robust demand for South Korean chips helped Asia39;s fourthlargest economy post export growth for a sixth consecutive month in March, albeit at a pace slightly slower than expected, pointing to continued recovery in the global economy. Exports rose 3.1 from the same period a year prior to 56.56 billion, missing a […]

TOKYO, April 1 Reuters Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. We will watch currency market developments with a strong sense of urgency, and will respond appropriately against excessive moves without ruling […]

BEIJING, April 1 Reuters China39;s manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11month high, driven by growing new orders from customers at home and abroad, a private survey showed on Monday. The CaixinSP Global manufacturing PMI rose to 51.1 in March from 50.9 the previous […]

TOKYO, April 1 Reuters Japanese big manufacturers39; business confidence worsened in the three months to March compared with the previous quarter, the Bank of Japan39;s closelywatched tankan survey showed on Monday. The headline index for big manufacturers39; sentiment stood at plus 11 in the first quarter, versus plus 10 seen by economists in a Reuters […]

Big manufacturers39; sentiment index 11 vs 13 in March Servicesector sentiment index 34 vs 32 in March Big firms expect to increase capex by 4.0 in fiscal 2024 TOKYO, April 1 Reuters Optimism in Japan39;s services sector climbed to a 33year high in the first quarter on booming tourism and rising profits from price hikes, […]