Factory activity accelerates to 52.1 in March as new orders pick up

Last Updated: Thursday, April 2, 2015, 10:40

The HSBC Manufacturing Purchasing Managers` Index, compiled by Markit, rose to 52.1 in March from 51.2, confounding economists polled by Reuters who expected a slight dip to 51.0.

Tokyo stocks close up 0.65%

Last Updated: Monday, March 30, 2015, 11:47

Tokyo stocks rebounded Monday with the benchmark Nikkei closing 0.65 percent higher, after Wall Street rallied while investors shrugged off a drop in Japanese factory output.

Japan factory output drops in February

Last Updated: Monday, March 30, 2015, 09:14

Japanese factory output fell by a worse-than-expected 3.4 percent in February, data showed Monday, adding to the gloom enveloping the world`s third largest economy as it struggles to overcome last year`s sales tax rise.

Tokyo stocks up 0.53% by break

Last Updated: Monday, March 30, 2015, 09:06

Tokyo stocks rebounded Monday with the benchmark Nikkei up 0.53 percent by the break, after Wall Street rallied on Friday while investors shrugged off a drop in Japanese factory output.

Ford to triple exports from India with new $1 billion plant

Last Updated: Thursday, March 26, 2015, 18:59

Ford Motor Co plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad.

Asian shares wobble as China PMI weighs

Last Updated: Tuesday, March 24, 2015, 12:15

An index of Asian shares wobbled between positive and negative territory on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low, pointing up weakness in the economy.

China factory sector dips to 11-month low, new orders shrink

Last Updated: Tuesday, March 24, 2015, 08:55

The flash HSBC/Markit Purchasing Managers` Index (PMI) dipped to 49.2 in March, below the 50-point level that separates growth in activity from a contraction on a monthly basis.

Negative cues plunge Indian markets in weekly trade (Weekly Review)

Last Updated: Saturday, March 14, 2015, 17:27

Negative global cues and disappointing retail inflation data led a benchmark index of Indian equities markets to its worst weekly fall in 2015.

NSEL: ED attaches Rs 278 cr oil factory in Gujarat

Last Updated: Friday, March 13, 2015, 00:37

Enforcement Directorate (ED) Thursday attached a Gujarat-based castor oil extraction plant worth over Rs 278 crore of an accused firm in the multi-crore rupee NSEL scam under anti-money laundering laws.

Apple supplier Japan Display to build $1.4 bn LCD screen factory

Last Updated: Friday, March 6, 2015, 13:51

Apple supplier Japan Display said Friday it would spend USD 1.4 billion on a new smartphone and tablet screen factory, in a move that may be a response to growing demand from the US iPhone maker.

Samsung Electronics says in talks with Indian states on new factory

Last Updated: Friday, March 6, 2015, 12:49

South Korean technology giant Samsung Electronics Co Ltd said on Friday that it was in talks with Indian state administrations about building a third manufacturing plant in the country.

China February HSBC PMI at 7-month high but deflation risk persists

Last Updated: Monday, March 2, 2015, 09:56

The final HSBC/Markit Purchasing Managers` Index (PMI) climbed to 50.7 in February - the strongest level since July - from 49.7 in January, as overall new orders picked up.