Saturday, May 30, 2015   

Better business conditions in HK: survey
(03-05 12:12)

Hong Kong saw improvement in business conditions in February, as the HSBC Hong Kong Purchasing Managers’ Index rose to 53.3 in January, reaching a 35-month high. The reading was 52.7 in January, indicating a slower expansion.
"The return of employment to growth is encouraging and consistent with the better than expected labour market data in recent months," John Zhu, HSBC economist in Asia, said.
Staffing costs rose in a slower pace, suggesting that the economy has enough spare capacity to handle higher demand while keeping inflationary pressures anchored, Zhu noted.
   
Other Business breaking news:
Low fuel costs help lift AirAsia income (05-29 17:58)
Swiss watch exports fall, economy shows negative growth (05-29 17:35)
Hang Seng, Shanghai slump (05-29 16:23)
European markets directionless (05-29 15:39)
Nikkei extends gains to 11 sessions (05-29 15:19)
IMAX set for HK public float (05-29 14:05)
HK, Chinese shares eke out gains (05-29 12:42)
Nikkei extends rally (05-29 11:03)
New Android seeks to make smartphone smarter (05-29 10:19)
Google unveils Android Pay in fresh challenge to Apple (05-29 10:12)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.