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TAIPEI (dpa-AFX) - Taiwan's manufacturing sector expanded at a softer pace in May, figures by IHS Markit revealed Tuesday.The manufacturing Purchasing Managers' Index rose to 62.0 in May from 62.4 ....
Asia’s manufacturing activity remained robust through April even as a gauge of factory output in China, the region’s top economy and industrial powerhouse, showed signs of cooling. Taiwan’s IHS Markit April manufacturing purchasing managers’ index (PMI) rose to 62.4 from 60.8 in March, its highest reading since March 2010. New orders also reached their highest . ....
Asia Manufacturing Powers Ahead, Even as China PMI Cools Enda Curran and Michelle Jamrisko, Bloomberg News BC-Asia-Manufacturing-Powers-Ahead-Even-as-China-PMI-Cools , Enda Curran and Michelle Jamrisko (Bloomberg) Discover whatâs driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here Asiaâs manufacturing activity remained robust through April even as a gauge of factory output in China, the regionâs top economy and industrial powerhouse, showed signs of cooling. Taiwanâs IHS Markit April manufacturing purchasing managersâ index rose to 62.4 from 60.8 in March, its highest reading since March 2010. New orders also reached their highest level since the same month. ....
Manufacturing powers ahead in Asia FEELING THE CRUNCH: Although shipments from South Korea and Taiwan have surged, there were backups of inbound containers at some of the busiest ports Bloomberg Asia’s manufacturing activity remained robust through last month even as a gauge of factory output in China, the region’s top economy and industrial powerhouse, showed signs of cooling. Taiwan’s IHS Markit manufacturing purchasing managers’ index (PMI) for last month rose to 62.4 from 60.8 in March, its highest reading since March 2010. New orders also reached their highest level since the same month. South Korea’s IHS Markit PMI slipped to 54.6 from 55.3, but remains well above the 50 level, signaling ongoing expansion. It was the seventh straight month of expansion for the South Korean gauge, a first in almost a decade. ....
The Straits Times Asia manufacturing powers ahead, even as China activity cools Global trade has kept up its pandemic-era winning streak, with Asian economies especially benefiting from the boom in goods orders.PHOTO: REUTERS Published10 hours ago https://str.sg/Jtiv They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. ....