China factory activity held steady in May, index shows
04:23, Jun 9, 2017
Copyright 2015 All rights reserved. This material can't be published, transferred, copied or redistributed.
The Caixin/Markit Manufacturing Purchasing Managers' index (PMI) fell to 49.6 in May, lower than a 50.1 forecast by analysts polled by Reuters and lower than April's 50.3.
The rate of decline in new orders, including from overseas, was the lowest seen so far this year, leading manufacturers to slightly reduce output. The positive figure means the bloc's economy is enjoying a stable and broad-based recovery, which will be welcomed by policymakers at the European Central Bank.
In Germany, the final manufacturing PMI rose more-than-expected to a level of 59.50 in May, compared to a level of 58.20 in April.
Friday's report showed housebuilding rising at the fastest rate since December 2015, while commercial construction, such as shops and offices, rose by the most since March past year.
The Indian manufacturing sector, however, stayed in expansion mode for the fifth consecutive month in May.
Like the government's manufacturing gauge, its non-manufacturing PMI - including other parts of the Chinese economy including the construction sectors - also impressed, rising to 54.5 from 54.0 in April.
The 50-mark separates contraction from expansion on a monthly basis. Meanwhile, charge inflation softened in line with cooler cost inflationary pressures.
Activity in the United Kingdom construction sector expanded at its fastest rate in 17 months in May, boosted by a surprise rebound in homebuilding, a survey says.
This item was corrected on May 30, 2017 at 0130 GMT to reflect that the new-order subindex of China's official manufacturing PMI stood at 52.3 in May, not April.
Optimism surrounding production trends for 12 months ahead strengthened to the highest level for 20 months and this confidence was reflected in a further boost in job creation with the strongest gain in employment since June 2014.
Both domestic demand and exports were solidly increasing over the month, with a weaker sterling encouraging overseas buyers to snap up goods Made in Britain.
A day after Trump rejected the Paris agreement, the European Union and Chinese leaders repeated their support for the deal. It will be widely seen as a rebuff to the United States , as President Trump deliberates on withdrawal from the accord.
Phil Mickelson has announced that he will miss this year's US Open to attend his daughter's High School graduation. Amanda was born a day after the US Open at Pinehurst in 1999, when Mickelson finished second to Payne Stewart .
Morata has more goals (20) than starts (19) for Madrid in 2016-17 and his goal ratio is better than any other player in the squad. However Belotti has around £85m on his release clause and pursuing him would not be a cheap deal.
This decision will likely disappoint Israel supporters but gives the president a better chance of reaching a peace deal. The official also defended the fact that Trump not moving the embassy was breaking a key campaign promise.
As much as this series was about James , Irving helped turn the tide of the series with a 42-point effort in Game 4. The Cleveland Cavaliers made it to the free throw line 13 times during the first quarter of Game 3.
Despite the government's assurances that it would buy onions and moong dal from the farmers, the protests are intensifying. Farmers are likely to observe the strike from June 1 to June 10, pressing their demands on the government.
The pair met soon after the top USA diplomat in China resigned, allegedly in protest of Trump's Paris decision. China and the Obama administration negotiated the deal, and China has vowed to stay in it.
A scan confirmed that Wahab suffered a serious injury and it will take him a minimum of two weeks to recover from it. "Wahab will not be able to continue to play in the remaining games of the Champions Trophy".
A man who attacked police officers at Notre Dame cathedral pledged support to Islamic State in a video, it has been revealed. Florian once headed France's DST regional intelligence service that was disbanded under former president Nicolas Sarkozy.
But Durant is a 7-foot pterodactyl, who has only gained strength and defensive guile during his first decade in the league. To wit: the Warriors have outscored Cleveland by nine points in the first two quarters, and by 30 in the second half.
This doubles if you are using Edge, and Microsoft says you can "earn points when you actively browse the web with Microsoft Edge". You can enter competitions for 200 points, and be in with a chance of winning an Xbox One S or a Surface Pro.
Verizon Plans to Cut About 2000 Jobs at Yahoo, AOL
Telecom giant Verizon will reportedly announce plans next week to cut as many as 2,100 jobs at their AOL and Yahoo subsidiaries. Now that it's approved, Yahoo expects to close the deal on Tuesday, a move that will bulk up Verizon's advertising efforts.
Well, this is awkward: Jerry Seinfeld refuses to hug Kesha
There is no sugar coating this, it is as awkward as it sounds, especially when you watch the exchange unfold for yourself. Singer Kesha may have found that out the hard way on Monday night when the pair ran into each other on the red carpet .
What happened in Bill Cosby's sexual-assault trial
And on Wednesday, he was escorted inside by another former on-screen partner, Sheila Frazier, who was in 1977's California Suite . Bill Cosby arrives for his sexual assault trial at the Montgomery County Courthouse in Norristown, Pa., Wednesday, June 7, 2017.
Hawaii enacts law to align goals with Paris climate accord
Jerry Brown (D) is going to great lengths to oppose President Trump's plans to pull the USA out of the Paris climate accord. Trump's predecessor signaled a dour noted about the president's move to remove the USA from the non-binding agreement.
UN warns Trump against quitting Paris Climate Deal
But the targets were voluntary, meaning the USA and the almost 200 other nations in the agreement could alter their commitments. Canada, the European Union and China have said they will honour their commitments to the pact if the United States withdraws.
Thailand Open: Saina out in semis, Praneeth makes final
Second seed Saina, who defeated Japan's Haruko Suzuki 21-15, 20-22, 21-11, will take on local girl Busanan Ongbumrungpan. After 14-15, however, it was Praneeth all the way as he won seven consecutive points to wrap up the game and the match .
Man arrested in theft of Portland train victim's ring
Taliesin Myrddin Namkai Meche, 23, also died in the attack, while Micah Fletcher, 21, suffered non-life-threatening injuries. George Tschaggeny was wearing Ricky Best's ring when officers arrested him Friday morning beneath an overpass, Sgt.
EU President warns Trump against Paris climate deal exit
Speaking in Berlin about the Paris climate change accord, he said that "China in recent years has stayed true to its commitment". Obama had made efforts during his administration to reduce USA emissions in an attempt to avert catastrophic climate change.
Gunshots and explosions at Philippine mall
The Philippines has been grappling with incidents of terrorism, especially on the southern island of Mindanao . Several people were seen injured, but police and Resorts World management have yet to give details.
Audit: Millions of Trump's Twitter followers are fake
Only Trump and perhaps some collection of his advisors know for certain if this president bought any of his 31 million followers. The president experienced an increase of 2.3 million followers in May, adding approximately 573,000 followers each week.
CNN fires Kathy Griffin
I was wrong", she tweeted . "My children, especially my 11 year old son, Barron , are having a hard time with this", he added. Chelsea Clinton, daughter of Trump's one-time campaign rival Hillary Clinton, called the photo " vile and wrong ".