Thursday, November 26, 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:
Osborne abandons UK tax credits (11-25 21:32)
Europe equities rally (11-25 21:16)
Hungary plans yuan bonds (11-25 21:05)
Singapore cuts growth forecast to 2pc (11-25 20:09)
Lufthansa cabin crew to continue job talks (11-25 17:24)
High-speed traders face registration rule (11-25 17:16)
Toyota Corollas and other models recalled for air bag defects (11-25 16:45)
Hang Seng closes lower, Shanghai gains (11-25 16:18)
US stocks rebound (11-25 11:16)
HK stocks lower, CKI and Power Assets shares dip (11-25 11:12)

More breaking news >>

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