Advertisement
Philippines Manufacturing PMI Improves In April - S&P Global
(RTTNews) - The manufacturing sector in the Philippines accelerated in April, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.2.
That's up from 50.9 in March, and it moved further above the boom-or-bust line of 50 that separates expansion from contraction.
New orders rose further in April and at a quicker pace. The upturn was the fastest recorded since November last year. Export market conditions also improved in April, with new export orders rising for the third month running and at the quickest pace in five months.
Rising inflows of new work supported renewed growth in goods production at Filipino manufacturers. Moreover, the rate of expansion was the most pronounced in four months and solid overall.
read more
South Africa Holds Rate Steady At 7% After Easing For A Year
The South African Reserve Bank left its key interest rate unchanged at 7 percent as policymakers decided to adopt a wait-and-watch stance following a year-long easing and they also assessed that inflation is set to rise in the coming months due to higher prices for electricity, food and services, while economic growth is set to strengthen.
RTTNews
|
1h 50phút trước
Swiss Market Ends On Firm Note
After a positive start, the Switzerland market suffered a mild setback and slipped slightly below the flat line Thursday morning, but recovered swiftly and stayed firm thereafter to finally end the day's session modestly higher.
RTTNews
|
3h 9phút trước
Major European Markets Close On Firm Note
The major European markets closed higher on Thursday, with investors reacting positively to the Federal Reserve's rate cut and its comments suggesting more easing this year. The Bank of England left interest rates unchanged, as widely expected.
RTTNews
|
3h 37phút trước
Technology Stocks Shine; TSX Up Nearly 0.5%
After opening marginally up, the Canadian market moved ahead Thursday morning, and remains firmly in positive territory a little before noon. Technology stocks have recovered from previous session's losses, contributing significantly to market's upmove.
RTTNews
|
5h 27phút trước
U.S. Leading Economic Index Falls Much More Than Expected In August
Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July. Economists had expected the leading economic index to edge down by 0.1 percent.
RTTNews
|
6h 34phút trước
Philly Fed Index Surges To Eight-Month High In September
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.
RTTNews
|
7h 15phút trước
Bank Of England Holds Key Rate; Slows Quantitative Tightening
The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.
RTTNews
|
7h 16phút trước
U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High
After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews
|
7h 19phút trước
