CHINA’S SERVICE SECTOR PMI ROSE IN MARCH AS FIRMS HIRE MORE WORKERS

Highlights –

• China’s service sector PMI rose in March as firms hire more workers.
• The PMI rose to 54.3, higher than 51.5 mark in February.
• Caixin’s composite manufacturing and services PMI also reportedly rose to 53.1 in M...

CHINA’S MANUFACTURING PMI FELL TO LOWEST LEVEL IN MARCH 2021

Highlights –

• China’s manufacturing PMI fell to lowest level in March 2021.
• Caixin/Markit reported the country’s manufacturing PMI to have dropped to 50.6 in March.
• Producer price inflation in February picked up to its high...

CHINA’S PMI IN DECEMBER FOR ITS MANUFACTURING SECTOR STOOD AT 51.9

Highlights –

• China’s PMI in December for its manufacturing sector stood at 51.9.
• The PMI edged down by 0.2 percentage points from November.
• In December, the country’s sub-index for production stood at 54.2.
• The ...

H-1B VISA HOLDERS MAY RETURN TO THE OLD JOBS IN THE US

Highlights:

•       The Government, keeping in mind the need for resources to help the US recover has relaxed restrictions on H1B visas

•       People can come back to their old employers and jobs 

RETAIL SALES AND BUSINESS ACTIVITY INCREASE IN UK

HIGHLIGHTS

• Consumer spending has recovered near pre-pandemic levels but recession still in UK.
• At the fastest pace in five years, UK private sector business activity grew in JUL 2020.

British economy can hope for a rapid recovery fro...

KEY ADJUSTMENTS FOR BUSINESS TRAVELERS AND MANAGERS AMID COVID-19 OUTBREAK

Highlights:

• The global spread of the deadly coronavirus, now named Covid-19, has increased the responsibility of travel managers to ensure the health and well-being of all its traveling employees.
• The epidemic will likely spark a detailed review of co...

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...

Acquisition of Portuguese hydroelectric dams EDP by Engie consortium for 2.2 billion euros

Engie, which is an Energy firm, together with its consortium associates Crédit Agricole Assurances and Mirova; a partner of Natixis Investment Managers, has been able to win a competitive bid for acquiring a Portuguese hydroelectric portfolio whose owner is EDP.

The value of the ...

There is considerable optimism of improving access to India's financial markets

Mumbai: Investors see opportunities in India's bond market as key barriers, but mention capital controls, low market liquidity, and lack of electronic access. According to a Bloomberg survey shared exclusively with Mint, there is considerable optimism that improving access to India's fina...

USA’s retirement bubble, bursts

Retirement from work is supposed to be a time of taking stock of a life spent working and relaxing. This was probably the reason that prompted the Natixis investment managers, a Paris-based investment bank to initiate the annual Global retirement Index. In the 2019, USA did not figure even the top 1...