Reuters Asia Business

BEIJING (Reuters) -China’s factory activity returned to expansion in June, supported by an increase in new orders that lifted production, a private-sector survey showed on Tuesday. The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts’ expectations in a Reuters poll. The 50-mark separates growth from contraction. The reading …

China’s factory activity returns to growth in June, Caixin PMI shows Read More »

SHANGHAI (Reuters) -China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major trading partners to the lowest level in more than four years. Prior to market opening, the People’s Bank of China set the midpoint rate at 7.1534 per dollar, its strongest since November 8, …

China lifts yuan midpoint, but trade weighted value falls to lowest since 2021 Read More »

SEOUL (Reuters) -South Korea’s factory activity contracted for the fifth straight month in June, though the pace of decline eased, supported by improving domestic economic prospects under the country’s new administration, a business survey showed on Tuesday. The Purchasing Managers Index (PMI) for manufacturers in Asia’s fourth-largest economy, released by S&P Global, edged up to …

South Korea factory activity shrinks for 5th month but at milder pace, PMI shows Read More »

TOKYO (Reuters) -Japan’s manufacturing sector expanded in June for the first time in 13 months led by an upswing in output, but overall demand remained weak as new orders shrank yet again amid uncertainty over U.S. tariffs, a private sector survey showed on Tuesday. The final au Jibun Bank Japan Manufacturing Purchasing Managers’ Index (PMI) …

Japan factory activity grows for first time in 13 months, PMI shows Read More »

(Reuters) -Negotiators from more than a dozen major U.S. trading partners are rushing to reach agreements with U.S. President Donald Trump’s administration by a July 9 deadline to avoid import tariffs jumping to higher levels, and Trump and his team kept up the pressure on Monday. With only a limited deal with Britain completed so …

Factbox-Where trade talks stand with major US partners ahead of tariffs-hike deadline Read More »

By Lewis Krauskopf NEW YORK () -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter  Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what moved markets. Today we’re closing the books on a turbulent first half of …

Trading Day: Ending first half on a record high note Read More »