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Crude prices drop on weak Chinese manufacturing data

Last Updated: Monday, March 24, 2014, 13:16

New York's main contract, West Texas Intermediate for May delivery, eased 19 cents to USD 99.27 a barrel in mid-morning trade, and Brent crude for May dipped 18 cents to USD 106.74.

China oil giants enjoy profit rises despite weak economy

Last Updated: Monday, March 24, 2014, 12:17

"China`s economy kept turning for the better, so demand for oil and petrochemical products in the domestic market grew stably," Sinopec chairman Fu Chengyu said in the statement.

China's Non-Manufacturing PMI rebounds

Last Updated: Monday, March 03, 2014, 18:02

The index rose 1.6 percent from January to 55 last month, according to the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).

China manufacturing growth slows to 8-month low

Last Updated: Saturday, March 01, 2014, 10:32

The purchasing managers` index (PMI) tumbled to 50.2, in the third straight drop from 50.5 in January, 51.0 in December and 51.4 in November.

China February flash PMI hits seven-month low

Last Updated: Thursday, February 20, 2014, 10:33

Activity in China`s factories shrank again in February, a preliminary private survey found on Thursday, reinforcing concerns of a minor slowdown in the economy and spooking markets across the region.

Asian stocks slip as China flash PMI disappoints

Last Updated: Thursday, February 20, 2014, 09:22

Asian stocks tumbled on Thursday and the yen firmed as a survey painted a grim picture of China`s manufacturing sector, heightening uncertainty about the outlook for the region`s economic powerhouse.

China's January official services PMI falls to 53.4

Last Updated: Monday, February 03, 2014, 10:27

The official non-manufacturing Purchasing Managers` Index slipped to 53.4 from December`s 54.6, the lowest reading in at least a year but still above the 50-point level that indicates growth.

China's January official PMI slips to six-month low

Last Updated: Saturday, February 01, 2014, 10:22

China`s factory growth eased to an expected six-month low in January, hurt by weaker local and foreign demand, a survey showed, a soft start for the year that heightens worries of an economic slowdown.

China manufacturing index at six-month low: HSBC

Last Updated: Thursday, January 30, 2014, 09:22

Chinese manufacturing contracted for the first time in six months in January, HSBC confirmed Thursday, raising questions over growth prospects for the world`s second-largest economy this year.

Asian shares slip on China slowdown

Last Updated: Thursday, January 23, 2014, 10:13

Asian markets fell on Thursday after a survey of Chinese manufacturers showed surprisingly soft results, while the Australian dollar weakened due to its role as a whipping boy when activity in the Asian giant disappoints.

Asian shares edge lower, China PMI offers support

Last Updated: Monday, December 02, 2013, 09:56

Asian shares edged lower and the dollar gave up some of its recent gains against the yen on Monday, as investors cautiously awaited key U.S. data this week and took heart from a decent reading on China manufacturing.

China's services industry picks up further in October

Last Updated: Sunday, November 03, 2013, 10:18

The official purchasing managers` index (PMI) for the non-manufacturing sector rose to 56.3 in October from September`s 55.4, the National Bureau of Statistics (NBS) said on Sunday.