Asian factories show tentative signs of recovery as China improves
TOKYO - Asian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, private surveys showed on Monday, but economic headwinds loom.
The reading, which mostly covers smaller, export-oriented firms, shows a more optimistic view than an official PMI survey released on Saturday, which indicated an ongoing decline in manufacturing activity in August. But manufacturing activity contracted in Malaysia and Indonesia, the surveys showed, underscoring the pain some of the region's economies are facing from China's prolonged slowdown.
Japan's final au Jibun Bank Japan manufacturing PMI rose to 49.8 in August, contracting for a second straight month but less sharply than in July when the index reached 49.1.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Welcome Global Talents to West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalWest China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in China.
Read more »
Postdoctoral Fellowships at West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalAbout West China Hospital/West China School of Medicine of Sichuan University West China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in...
Read more »
Asian stocks edge lower, China hit by Canada EV tariffsAsian stocks edge lower, China hit by Canada EV tariffs
Read more »
Asian stocks buoyed by rate cut hopes; China lags as PBOC offers no surprisesAsian stocks buoyed by rate cut hopes; China lags as PBOC offers no surprises
Read more »
Asian stocks rise on US inflation cheer, positive data from Japan, ChinaAsian stocks rise on US inflation cheer, positive data from Japan, China
Read more »
Asian stocks rise amid US inflation cheer; China lags ahead of key earningsAsian stocks rise amid US inflation cheer; China lags ahead of key earnings
Read more »