Canada manufacturing growth cools in Aug, but employment jumps
02 September 2017, 12:25 | Andres Norman
Dollar up in Asia with China manufacturing top data bill
Rob Dobson, a director at IHS Markit, which compiles the survey, said: "At the moment, the survey data suggest that the manufacturing economy remains in good health despite Brexit uncertainty, and should help support ongoing growth in the economy in the third quarter".
IHS Markit said manufacturing output growth in August hit a seven-month high and new orders rose at the fastest pace in three months.
A private sector survey confirmed earlier data pointing to a pick-up in Chinese manufacturing in August, but some economists remained unconvinced about the staying power of the upturn. This was above consensus forecasts of 55.0, the strongest reading for four months and the second-highest reading in 3 years.
Combined, the findings of the official and private sector surveys suggested industrial output was resilient last month.
Other Asian electronics producers were also still riding high.
A rebound in manufacturing sector bodes well for a higher GDP growth rate in the current July-September quarter. The move has slowed down India's business activity as they suffered from a severe cash squeeze.
China's leaders are counting on growth in services and consumption to rebalance their economic growth model from its heavy reliance on investment and exports.
Moody's Investors Service on Thursday maintained a stable outlook for the Indian banking system, noting the country's progress in managing legacy asset issues counteracting significant capital inadequacies some lenders continue to face.
United Kingdom manufacturing activity surged in August, according to data released by IHS Markit Friday, with sentiment among businesses across the industry hitting a three year peak during the recent month.
"The alignment of the stars continued for domestic manufacturing with the Ai Group Australian PMI indicating a very strong performance in August", said Ai Group CEO Innes Willox.
CeX data hack hits two million United Kingdom accounts
But Cex says it stopped storing card data in 2009 and that any bank details stolen by hackers have "long since expired". It's that time again when we reset the imaginary internet sign to read "0 days without a United Kingdom data breach".
Mexico Responds To Trump's Attacks By Offering Help
Trump on Monday claimed the barrier "will stop much of the drugs pouring into this country and poisoning our youth". Still, Trump said "we may fund it through the USA but ultimately Mexico will be paying for it".
Court sentences Samsung heir to five years prison
Lee has been accused of offering bribes of 38 million United States dollars for various departments after the death of his father. Some reports state some of Samsung's major investment projects may be suspended under the leader's imprisonment.
Nandyal Bypoll Election Result-2017 after Round 13
Political analysts feel that the Nandyal By- Elections results 2017 will reflect in the results of 2019 general elections. "The people have voted for development of Nandyal , which was my father Bhuma Nagi Reddy's wish", she said.
Sarahah uploading entire contacts book to their servers
Created by Saudi Arabian developer Zain al-Abidin Tawfiq, the app is aimed to help people identify their strengths and weaknesses. He now claims that the functionality has removed from the server and the data request will be removed in a future release.