China manufacturing contracts, eurozone and US slows

Last Updated: Tuesday, September 1, 2015, 23:03

China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.

China manufacturing index tumbles to more than six-year low

Last Updated: Friday, August 21, 2015, 12:32

A key indicator of China's manufacturing activity slumped to a 77-month low in August, an independent survey showed today, fuelling concerns of further deceleration in the world's second-largest economy.

India's turn to become factory of the world: Chinese media

Last Updated: Tuesday, August 18, 2015, 22:43

It is now India's turn to emerge as the "factory of the world", according to an article in Chinese official media, citing the economic downturn in China forcing companies to turn to India for manufacturing.

Oil dives 5% to six-month low under $50 on China worry

Last Updated: Tuesday, August 4, 2015, 04:47

Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.

Oil suffers second day of steep sell-offs

Last Updated: Tuesday, August 4, 2015, 02:01

Oil prices dived Monday, with Brent crude tumbling about five percent, after new data showed weakening US and Chinese manufacturing and amid worries about the global supply glut.

Asian stocks mostly down as China manufacturing slows

Last Updated: Monday, August 3, 2015, 09:17

Shanghai was down 1.71 percent, Tokyo lost 0.48 percent, Sydney eased 0.46 percent and Hong Kong dropped 0.84 percent. Seoul was 0.90 percent lower.

China July factory activity shrinks most in 2 years

Last Updated: Monday, August 3, 2015, 08:36

The final, private Caixin/Markit China Manufacturing Purchasing Managers` Index (PMI) dropped to 47.8 in July, the lowest since November 2011, from 49.4 in June.

China July factory growth unexpectedly stalls

Last Updated: Saturday, August 1, 2015, 09:13

Growth at China`s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.

China manufacturing activity contracts in June

Last Updated: Tuesday, June 23, 2015, 08:33

The bank`s preliminary Purchasing Managers` Index (PMI) came in at 49.6 in June, the highest in three months but still below the breakeven point of 50, HSBC said in a statement.

China manufacturing index at six-month high: govt

Last Updated: Monday, June 1, 2015, 07:52

China`s manufacturing index hit a six-month high in May, with production picking up and demand increasing, official data showed Monday, boding well for the world`s second-largest economy that is stuck in a slowdown.

China issues plan for gleaming high-tech future

Last Updated: Tuesday, May 19, 2015, 23:29

China has unveiled a vision for the next stage of its economic ascent, moving from plain manufacturing to a world of prosperity from space, e-commerce, green energy and bioengineering, among others.

China unveils `Made in China 2025` campaign to compete with India

Last Updated: Tuesday, May 19, 2015, 21:19

China Tuesday unveiled 'Made in China 2025' campaign, a 10-year national plan to enhance its competitiveness in the manufacturing sector to boost economic growth amid India's push to become a global manufacturing hub.