Sunday, September 6, 2015   

China manufacturing sector grows slower in August: HSBC
(08-21 13:41)

China's manufacturing growth slowed in August, indicating a recovery in the world's second-largest economy has yet to fully take hold, HSBC said Thursday.

The HSBC preliminary purchasing managers index (PMI), which tracks activity in China's factories and workshops, slipped to 50.3 this month, the British banking giant said in a statement.
The figure was down from a final reading of 51.7 in July and was the lowest for three months, it said.

The indicator is a closely watched gauge of the health of the Asian economic powerhouse, with a reading above 50 indicating the sector is expanding. --AFP   
Other Business breaking news:
European stocks fall sharply (09-04 22:05)
Canada jobless ranks grow (09-04 22:02)
US stocks fall (09-04 22:01)
US jobless rate drops to 5.1pc, employers add 173,000 jobs (09-04 21:12)
Sunevision posts HK$587m profit, data center lifts revenue (09-04 20:53)
Hang Seng closes in the red (09-04 17:01)
China’s HNA Group unit pays US$31 a share for jet lessor Avolon (09-04 13:27)
Hang Seng lower at break (09-04 13:21)
Asia oil prices drop (09-04 12:09)
Regional markets drop, HK climbs (09-04 11:38)

More breaking news >>

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