August 2024 – Page 62 – UAG Trade Asia

Chinese Factories Poised for Cruel Summer as PMI Surveys Raise Outlook Risks

August 1, 2024
Uncategorized
No Comments

CaixinSP Global July manufacturing PMI at 49.8 vs 51.8 in June CaixinSP Global PMI misses analysts39; expectations of 51.5 Official manufacturing PMI on Wednesday also showed decline BEIJING, Aug 1 Reuters China39;s sluggish manufacturing sector is poised for a cruel summer with two sentiment surveys this week pointing to a new level of gloom among […]

August 1, 2024
Uncategorized
No Comments

Exports 13.9 yy vs 18.4 forecast Chip sales lead growth, auto sales fall US demand remains strong, China shipments jump Export growth seen weakening in H2 economists SEOUL, Aug 1 Reuters South Korea39;s exports rose at the fastest pace in six months in July on strong chip sales but missed market expectations, trade data showed […]

August 1, 2024
Uncategorized
No Comments

BENGALURU, Aug 1 Reuters India39;s manufacturing activity expanded at a solid pace in July thanks to continued robust demand, according to a survey that also showed cost pressures were high as prices charged to clients rose at the steepest rate in over a decade. Manufacturing accounts for less than onefifth of the country39;s economy but […]

August 1, 2024
Uncategorized
No Comments

China39;s Caixin PMI shrinks in July, in line with official survey Japan39;s July activity contracts for 1st time in 3 months South Korea39;s factory activity expansion slows in July TOKYO, Aug 1 Reuters A slump in China39;s manufacturing activity led a generally weak performance for Asia39;s factories last month as business owners grappled with tepid […]

August 1, 2024
Uncategorized
No Comments

TOKYO, Aug 1 Reuters The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour markets tighten. In a full version of its quarterly outlook report, the central bank also said servicesector firms were becoming more keen to pass on rising labour costs through price increases. […]

August 1, 2024
Uncategorized
No Comments

LONDON, Aug 1 Reuters OPEC key ministers meet on Thursday to decide output policy with sources expecting it is unlikely to make any changes to its current deal to cut production and to start unwinding some cuts from October, despite recent sharp declines in oil prices. Top ministers from the Organization of the Petroleum Exporting […]

August 1, 2024
Uncategorized
No Comments

LONDON, Aug 1 Reuters British house prices were 2.1 higher than a year earlier in July, the biggest annual increase since December 2022, although they are still below peaks reached earlier that year, figures from Nationwide Building Society showed on Thursday. Prices rose 0.3 in July alone to an average of 266,334 pounds 341,706, and […]

August 1, 2024
Uncategorized
No Comments

BERLIN, Aug 1 Reuters The downturn in Germany39;s manufacturing sector, which accounts for about a fifth of Europe39;s biggest economy, continued to gather pace in July, a survey showed on Thursday. The HCOB final Purchasing Managers39; Index PMI for German manufacturing fell to 43.2 in July from 43.5 in June, above a preliminary flash estimate […]

August 1, 2024
Uncategorized
No Comments

Aug 1 Reuters British factories recorded their best month for two years during July, with output and hiring rising and optimism building after Prime Minister Keir Starmer39;s landslide election victory, a survey showed on Thursday. The SP Global UK Manufacturing Purchasing Managers39; Index rose to 52.1 from 50.9, its highest reading since July 2022 and […]

August 1, 2024
Business
No Comments

Aug 1 Reuters Rhone Energies, a consortium of commodity trader Trafigura TRAFGF.UL and Entara LLC, has agreed with ExxonMobil39;s ESSO SAF to buy the FossurMer refinery and Toulouse and VillettedeVienne terminals in France. Discussions with the relevant authorities are ongoing and the necessary authorisations are expected by the end of October, Trafigura said in a press […]

Company

Account

Platforms

Capital Management

Chinese Factories Poised for Cruel Summer as PMI Surveys Raise Outlook Risks

S.Korea July Export Growth Fastest in 6 mths on Solid Chip Demand

Indias Factory Activity Maintains Solid Growth in July, PMI

Chinas Factory Gloom Weighs on Asias Manufacturers

BOJ sees Chance Wages, Inflation could Overshoot

OPEC Likely to Stick to Output Policy at Meeting, Sources

UK House Prices Rise by most since Dec 2022, Nationwide Data

Downturn in German Manufacturing Accelerates, PMI Shows

UK Manufacturers Show Fresh Signs of Life after Election, PMI

TrafiguraEntara Consortium to Buy French Refinery

Corporate Office

Corporate Registered Office

Archives

Categories