Monday, February 2, 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:
Eurozone deflation accelerates in January (01-30 18:10)
German retail sales grow for fifth year in row: data (01-30 17:32)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

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