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In June, manufacturing activity in Asia's tech producing economies extended, backed by surging global demand for electronics products, although headwinds in external markets could suggest a moderation in surge during the second half of 2017.
In Asia, private sector polls of manufacturers demonstrated the factory sectors of South Korea, China, Japan as well as Taiwan picked up in June, powered mostly by a revival in exports.
However, ongoing dips in energy prices that weighed on manufacturing activity in Malaysia and Indonesia, could affect these two economies going forward, as financial experts stress. Besides this, in India, sluggish domestic demand compensated strong foreign demand and provoked a manufacturing slowdown in June.
Factory Purchasing Managers' Indexes for Vietnam, South Korea, Taiwan, Japan and India all stood above the 50-mark, separating expansion from contraction on a monthly basis.
In April, consumer prices excluding fresh food in Japan, which is the major indicator of inflation, closely watched by the country's major financial institution, rallied by 0…
CPI (Consumer Price Index) is the main inflation indicator.
On Wednesday, the US dollar failed to close at $93…
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…
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