The Institute for Supply Management's (ISM) Purchasing Managers' Index (PMI) registered 50.7 percent, a decrease of 0.6 percentage point from March's reading of 51.3 percent, but still indicating expansion in manufacturing for the fifth ...
Tags: US Manufacturing Activity, Mineral
The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity. The United States is projected to grow at more than 15% per ...
Tags: Processing Machinery, robots
The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
Statistics Canada said Tuesday that manufacturing sales advanced 2.6 percent to $49.6 billion in February, the largest increase since July 2011. In total, sales rose in 14 of 21 industries, representing approximately 85 percent of Canadian ...
Tags: Mineral, manufacturing sales
World demand for water disinfection products is projected to increase 5.5 percent per year to $7.7 billion in 2016. Significant changes are occurring around the world for a number of reasons. There is continued concern about disinfection ...
Manufacturing activity in China expanded at its fastest pace in almost a year last month, according to latest industry data. The official purchasing managers' index (PMI) hit 50.9 in March, the highest since April 2012 when the figure ...
While some of its key metrics saw sequential declines, manufacturing growth continues to head in the right direction, according to monthly Manufacturing Report on Business from the Institute for Supply Management (ISM). The PMI, the index ...
Economic activity in the manufacturing sector, as measured by the Purchasing Managers' Index (PMI) expanded in March for the fourth consecutive month, and the overall economy grew for the 46th consecutive month, say the nation's supply ...
Tags: PMI, manufacturing sector, Economic activity
A Merseyside factory that manufactures flavours for Walkers crisps is moving 150 British jobs to Hungary. Givaudan is moving its savoury flavour production to Hungary Global flavour supplier Givaudan is moving most of its current ...
Tags: crisps, Walkers crisps, flavour supplier
Investors ignored positive offshore leads yesterday as political uncertainty grew following the dramatic events in Canberra throughout the afternoon. The benchmark S&P/ASX 200 closed down 0.2 per cent at 4959.4 points, reversing an early ...
Tags: benchmark, Canberra Chaos, Reverse
Australian stocks were lower early today after below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading. Chinese manufacturing data was the main data point today, with the official ...
Tags: sharemarket, shares, US dollar
The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
The Institute for Supply Management (ISM) reported today that manufacturing output of February picked up where January left off: in a very good place. The PMI, the index used by the ISM to measure manufacturing activity, was 54.2 in ...
Tags: manufacturing, manufacturing output, manufacturing activity