News Formal

Business Maverick: Asia’s factories gather some speed on China reopening roost

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 84%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Asia’s manufacturing activity showed signs of revival as China’s reopening provided a lift to the sluggish global economy, although the tailwinds weren’t enough to pull major exporters like Taiwan and Japan out of their slump.

The latest round of factory data adds to uncertainty as the global economy braces for a downturn, amidThe divergence continued to widen in the region’s factories in February, with Southeast Asia’s more domestically-driven economies forging on ahead with their expansion and North Asia’s export-oriented hubs lagging, data fromThailand posted a region’s best PMI reading of 54.8 last month as it ramped up manufacturing production and output. Vietnam’s gauge jumped sharply to 51.2 from 47.

The non-manufacturing gauge – which measures activity in both the services and construction sectors – increased to 56.3 from 54.4, better than a projected improvement to 54.9.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 3. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Business Maverick: Asia stocks track US gains, Aussie outperforms: markets wrapStocks in Asia rose, tracking similar gains in the US as investors continued to weigh the potential for a soft landing given expectations for higher interest rates.
Bron: dailymaverick - 🏆 3. / 84 Lees verder »