In June, the pace of Chinese factory activity expanded at a moderate pace following an increase in prices of raw materials and disruptions in its export province of Guangdong which affected business activity. China’s official manufacturing Purchasing Manager’s Index (PMI)… Read More ›
business activity
Egypt’s non-oil private sector collapses midst coronavirus lockdown
On Tuesday, according to the results of a survey, business activity in Egypt’s non-oil private sector collapsed in April, following the total shutdown of the tourism industry, weakening demand as well as the imposition of lockdowns in its cities as… Read More ›
Hong Kong business activity falls to its 21-year low: IHS Markit survey
The Purchasing Manager’s Index survey reveals a deepening of an economic crisis in Hong Kong – one of Asia’s leading financial hub. An IHS Markit survey that was published on Tuesday shows, business activity in Hong Kong’s private sector has… Read More ›