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BBCNEWS Business Today June 4, 2024 00:39:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 00:39:00

If we go if what we saw last week, which was the official pmi data, we saw the manufacturing sector go back and a contraction after two months of showing expansion. and if you look under the hood of that top—line figure, there was weakness across the board. so we had the new orders subcomponent drop back below 50 — that shows contraction in the sector. new export orders as well showing contraction — and that's a real concern for china because it's put so many eggs in this manufacturing basket, that really is probably the only bright spot of china's economy at the moment, when you've got ...

BBCNEWS Business Today June 4, 2024 23:39:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 23:39:00

On that going forward. we are expecting some pmi data out in the next few hours. what are your expectations then? if we go if what we saw last week, which was the official pmi data, we saw the manufacturing sector go back and a contraction after two months of showing expansion. and if you look under the hood of that top line figure, there was weakness across the board. so we had the new orders subcomponent dropping below 50 — that shows contraction in the sector. new export orders as well showing contraction — and that's a real concern for china because it's put so many eggs in this manufa...

India services PMI falls to 60.8 in April from 61.2 in March - Vimarsana News

India services PMI falls to 60.8 in April from 61.2 in March

The final HSBC India Composite PMI fell to 61.5 in April from 61.8 a month ago. However, the latest reading was one of the highest in almost 14 years.

Taiwan March export orders trails forecasts, but govt pins hopes on AI, ET Telecom - Vimarsana News

Taiwan March export orders trails forecasts, but govt pins hopes on AI, ET Telecom

Taiwan March Export: "Demand for AI, high-performance computing (HPC) and cloud industry continued to increase, while traditional goods demand has yet to recover significantly," the economy ministry said in a statement.

Russian services sector grows slightly faster in March, PMI shows - Vimarsana News

Russian services sector grows slightly faster in March, PMI shows

International Business News: MOSCOW: Growth in Russia's services sector picked up pace in March as new orders came in, a survey showed on Wednesday, despite export orders declinin.