JAPAN’S CORPORATE PROFITS GAIN 26.0% IN JAN-MARCH PERIOD

Highlights –

• Japan’s corporate profits gain 26.0% in Jan-March period.
• Strong recovery by the manufacturing sector led to the gains.
• The manufacturing sector posted a 63.2 percent expansion in pretax profits.
• Corporat...

CHINA’S INDUSTRIAL COMPANIES’ PROFITS ROSE 106 PERCENT

Highlights –

• China’s industrial companies’ profits rose 106 percent.
• The average growth rate over the past two years stood at 22.3 percent.
• Profits of the equipment and high-tech manufacturing sectors respectively jumped 9...

CHINA SEES INDUSTRIAL OUTPUT RISE BY 9.8 PERCENT IN APRIL

Highlights –

• China sees industrial output rise by 9.8 percent in April.
• China’s industrial output rose 20.3 percent year on year in the first four months of 2021.
• In April, the private sector's output increased 11.2 percent ...

US MANUFACTURING SECTOR WITNESES ROBUST GROWTH IN MARCH

Highlights

• The report said the Purchasing Managers' Index (PMI) went up by 3.9 percentage points to 64.7 percent

• The March PMI indicates expansion in the overall economy for the 10th month in a row after shrinking in the months or March, April and May in 2020...

INDIA TO ALLOW ONLY APPROVED SOLAR PV MODELS AND MANUFACTURERS IN SOLAR ENERGY PRODUCTION

HIGHLIGHTS

• Indian Government is planning to reduce Chinese imports in Indian renewable energy sector.
• The government has announced a PLI scheme.
• The new scheme offers manufacturers in 10 sectors, including high-efficiency solar module secto...

CHINA’S LOGISTICS, ELECTRONIC INFORMATION MANUFACTURING, ROBOT PRODUCTION PUSHES UP

Highlights-

• China’s logistics, electronic information manufacturing, robot production pushes up.
• The electronic information manufacturing sector in China recorded growth in revenues and profits.
• In November China’s industrial r...

MONTH OF AUGUST WAS BEST FOR MANUFACTURING SECTOR IN THE U.S. SINCE 2018

Highlights

• The report made by the ISM states that the economic activity went up for the fourth consecutive month

• According to the report, the PMI (Purchasing Managers' Index) went up by 1.8 percent to 56 percent

• The impact of manufacturing se...

REBOUND OF BRITISH ECONOMY SLOWER THAN EXPECTED

HIGHLIGHTS

• The UK's economy has rebounded more slowly than expected in MAY 2020.
• Lockdown of British economy is being eased gradually.
• British economy modestly grew by just 1.8% from APR 2020.

The British economy is gr...

UK ECONOMY EXHIBITS POOR SHOW IN JANUARY

Highlights

• In the three months to January, the service sector showed no growth 
• The manufacturing sector has continued to show weaknesses

According to data published by the Office for National Statistics, the UK economy stagnate...

In December, the US manufacturing sector declines sharply

Washington: According to an industry survey released on Friday, the US manufacturing sector entered into contracts in December for the fifth straight month, hitting its lowest point since June 2009.

Although it is frustrating, there are signs that an improved commercial outlook could li...

DOLLAR FELT A SIGH OF RELIEF AFTER A BOOST IN MANUFACTURING SECTOR

On Friday, the dollar overcame the weakness as dismal economic news from Europe and the UK had a significant dreadful effect on major rivals. The figures released by the US has pointed towards improvement in the manufacturing sector.

The dollar is recorded to be at six-session low and i...

United States Manufacturing Sector jumps more than Expected by analysts in November.

Mechanical creation in the United States saw a 1.1 percent knock in November, near the 1.2 percent that Wall Street had been anticipating. In any case, while this is positively the greatest increase the Federal Reserve has noted in over two years, generation is still down 0.8 percent.

P...

Takween taps SAP for increasing KSA’s manufacturing sector to 450 US dollar by 2030

Takween Advanced Industries Company, a main worldwide provider of plastic change advances, has carefully changed on SAP cloud server farm to help the Kingdom's assembling segment to USD 450 billion by 2030 and bolster the workforce of things to come.

In accordance with Saudi Vision ...

Taiwan’s Manufacturing Sector continues to expand throughout December 2019

 According to Chung-Hua Institution for Economic Research (CIER), Taiwan’s manufacturing sector continued to expand in December 2019, owning to seasonally adjusted Purchasing Managers' Index (PMI) rose 1.3 points from a month earlier to 56.2.

Based on sources, the expansi...