Tuesday, March 31, 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:
British economy grows faster than expected (2 hrs 23 mins ago)
China home prices fall in March: survey (2 hrs 25 mins ago)
German unemployment falls to new post-unification low (2 hrs 30 mins ago)
No AIIB seat for Taiwan: Beijing (2 hrs 45 mins ago)
HK retail sales jump in February (03-31 17:14)
Japan backs away from AIIB, Taiwan seeks a seat (03-31 16:51)
Kingfisher to close British home-improvement stores (03-31 16:41)
New taxi app challenges Uber in Korea (03-31 16:20)
Hang Seng ends higher, Shanghai down (03-31 16:12)
Philips to sell major stake in LED, car lighting arm (03-31 15:48)

More breaking news >>

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