Tag Archives: China

Yen gains on safe haven demand after China PMI misses estimates

The Japanese yen strengthened during Monday trading due to safe haven demand after market sentiment was heavy following disappointing economic data from China, the world’s second largest economy. China manufacturing activity in March increased at a slower pace compared with that seen in earlier years. The official China manufacturing purchasing managers’ index (PMI) showed expansion from...

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April 1, 2013 @ 7:42 am

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China data raises concerns over growth

Data from China releases over the weekend show that growth in the second largest global economy is slower as the country’s industrial output had the weakest start to a year since 2009. Also retail sales growth slowed down. China’s markets were hit, with the Shanghai Composite index falling 0.4 percent to 2,310.59 at the close while in Hong King the Hang Seng China Enterprise Index dropped...

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March 11, 2013 @ 8:36 am

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China services sector shows expansion

Data from China over the weekend showed that the economy’s increasingly important services sector expended in January, according to the Beijing-based National Bureau of Statistics and China Federation of Logistics & Purchasing from a statement yesterday. A reading above 50 indicates expansion. China's official purchasing managers' index (PMI) for the non-manufacturing sector rose to 56.2...

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February 4, 2013 @ 10:35 am

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China’s factory sector shows slow growth

China’s official data on manufacturing reported weaker than expected on Friday, causing some choppiness in regional markets. The official Purchasing Manager’s Index survey indicates that growth in the world’s second largest economy is still quite slow as the country faces challenges due to weak export demand from its main trading partners in the United States and Europe. The official...

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February 1, 2013 @ 9:33 am

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