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Japan's service sector shrinks for 16th month as health crisis hits demand -PMI

Japan's services sector activity contracted for the 16th consecutive month in May as an extension of coronavirus emergency curbs at home and stricter restrictions in key Asian markets due to a resurgence of COVID-19 cases hit demand. ....

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S.Korea's factory activity expands for 8th month on sustained demand - PMI

South Korea's factory activity extended growth into an eighth straight month in May, a private sector survey showed on Tuesday, thanks to the recovery in global demand although the pace of expansion eased slightly. ....

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Canadian factory activity dips for 2nd month but stays near record pace

Canadian manufacturing activity expanded for the 11th straight month in May as firms added to headcount to deal with a backlog of work, but the pace of growth eased further from March's record level, data showed on Tuesday. ....

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Japan emergency curbs push private-sector activity into contraction - PMIs

Japan's factory activity expanded at a slower pace in May as growth in output and new orders eased, in a sign emergency curbs to stem a rise in coronavirus infections were hampering the country's economic recovery. ....

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S.Korea's factory activity expands for 7th straight month - PMI

By Reuters Staff
2 Min Read
SEOUL, May 3 (Reuters) - South Korea’s factory activity expanded for a seventh straight month in April, a private sector survey showed on Monday, as output and global demand continued to improve, highlighting a sustained turnaround in the economy’s manufacturing sector.
The IHS Markit purchasing managers’ index (PMI) for April stood at 54.6, compared with a 55.3 in March. The index has held above the 50-mark threshold, which indicates an expansion in activity, since October.
“South Korean firms recorded further increases in both output and new orders in the latest survey period, as businesses reported improved demand, particularly in the technology sector,” said Usamah Bhatti, economist at IHS Markit. ....

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