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China PMIs fuel hope economy is stabilising, property still a wild card

Last Updated: Tuesday, June 03, 2014, 13:20

The final HSBC/Markit purchasing managers` index (PMI) rose to 49.4 in May, a four-month high and compared to April`s 48.1.

China official services PMI hits 6-month high as orders rebound

Last Updated: Tuesday, June 03, 2014, 09:55

China`s services sector grew at its fastest pace in six months in May as new orders rebounded, an official survey showed, reinforcing hopes that the Chinese economy may be steadying after a tumultuous few months.

China, U.S. factory growth accelerates; euro zone stumbles

Last Updated: Tuesday, June 03, 2014, 09:47

U.S. and China manufacturing activity expanded in May, putting the world`s two largest economies on a seemingly firmer path to recovery, but a slowdown in euro zone factory growth boosted expectations of policy easing by the European Central Bank.

Tokyo shares lead Asia up on Wall Street, China PMI, euro shaky

Last Updated: Monday, June 02, 2014, 11:05

Upbeat China factory data and another closing record on Wall Street boosted Asian shares on Monday, while the euro held recent gains against the dollar but remained shaky ahead of a closely watched European Central Bank meeting.

China's factory activity hits five-month high in May

Last Updated: Monday, June 02, 2014, 10:56

The official survey showed a broad-based recovery in manufacturing activity in May, with nine out of the 13 sub-indicies pointing to improvement from the previous month.

China official PMI hits 5-month high in May

Last Updated: Sunday, June 01, 2014, 13:43

The official Purchasing Managers` Index rose to 50.8 in May from April`s 50.4, the National Bureau of Statistics said on Sunday, beating market expectations of 50.6.

Nikkei races to biggest gain in a month on improved China PMI, Fed minutes

Last Updated: Thursday, May 22, 2014, 12:54

The Nikkei rose 2.1 percent to 14,337.79, with news government-controlled Japan Post Insurance Life is ramping up its investment in Japanese stocks providing the icing on the cake.

China HSBC flash PMI at five-month high of 49.7

Last Updated: Thursday, May 22, 2014, 08:51

China's factory sector turned in its best performance in five months in May, a preliminary HSBC survey showed on Thursday, though overall manufacturing growth still contracted slightly in a suggestion that the outlook remains murky.

China PMI underwhelms, markets resilient

Last Updated: Thursday, May 01, 2014, 10:03

Beijing`s official measure of manufacturing activity (PMI) came in at 50.4 in April.

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).