HSBC manufacturing PMI at 4-month high, job strain stays

Last Updated: Monday, June 1, 2015, 11:05

The headline HSBC India Purchasing Managers' Index (PMI), compiled by Markit, surged to 52.6 in May, from 51.3 in April, with levels of production and new orders rising at the fastest rates since January 2015.

Renault makes concessions to striking workers in Turkey

Last Updated: Sunday, May 24, 2015, 18:10

French car giant Renault has offered a cash payment to striking workers in western Turkey where a wage dispute has hit the thriving Turkish car sector ahead of June 7 elections.

Japan shares set fresh 15-year high, dollar holds gains after Fed minutes

Last Updated: Thursday, May 21, 2015, 10:11

Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains in much of the rest of Asia.

China May factory activity shrinks for 3rd month, more stimulus seen

Last Updated: Thursday, May 21, 2015, 09:46

The flash HSBC/Markit Purchasing Managers` Index (PMI) fell to 49.1 in May, below the 50-point level that separates growth in activity from a contraction on a monthly basis.

Hyundai Motor Group chief says considering third India factory

Last Updated: Tuesday, May 19, 2015, 09:47

South Korea`s Hyundai Motor Group said on Tuesday it is looking at building a third factory in India, highlighting its growing appetite for expanding globally after an unofficial two-year moratorium on boosting capacity.

China April factory output grows 5.9%, misses forecasts

Last Updated: Wednesday, May 13, 2015, 11:42

Central bank cut interest rates early this week for the third time in six months to lower companies` borrowing costs and boost activity.

Colgate discontinues toothpowder manufacturing at Waluj plant

Last Updated: Wednesday, May 6, 2015, 12:08

The voluntary retirement scheme which was offered to the employees of the toothpowder manufacturing factory of the company at Aurangabad has been accepted.

Global stocks gain on factory data, bund yields rise

Last Updated: Monday, May 4, 2015, 21:46

Global equity markets rose on Monday, lifted by the biggest gain in U.S. factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears that had gnawed European bonds.

China April HSBC PMI shows biggest drop in factory activity in a year

Last Updated: Monday, May 4, 2015, 08:25

The number was weaker than a preliminary reading of 49.2, and below the 50-point level that separates growth from contraction compared with the previous month.

China April manufacturing sector steady at 50.1, little growth

Last Updated: Friday, May 1, 2015, 08:49

Activity in China`s manufacturing sector barely grew in April, an official survey showed on Friday, holding slightly above the level separating expansion from contraction.

Toyota lifts new plant freeze with $1.0 bn Mexico factory

Last Updated: Wednesday, April 15, 2015, 19:06

The world`s biggest automaker Toyota, ending its freeze on building new factories, announced plans on Wednesday for a $1.0 billion plant in Mexico and another production line at a Chinese facility.