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Hong Kong's Business Activity Contracts in May
Business activity in Hong Kong contracted once more in May after improving in March and April due to a fall in new orders and export conditions, according to data from S&P Global released Wednesday.
Hong Kong PMI Indicates Downturn in Business Conditions -- Market Talk
0121 GMT - The latest S&P PMI data for Hong Kong looks bleak, indicating a worsening of business conditions in the private sector in May. The headline PMI slid to 49.2 in May from 50.6 in April, signa
Singapore PMI Signals More Private-Sector Expansion -- Market Talk
Singapore's private-sector expansion accelerated midway into 2Q, the latest S&P PMI data signals.
SGD Strengthens Slightly Amid Risk-on Sentiment -- Market Talk
SGD strengthens slightly against the USD during the Asian session amid risk-on sentiment spurred by gains across regional equity markets after U.S. April core PCE price index released Friday was in line with market expectations.
Singapore Manufacturing Still Poised for Fragile Recovery -- Market Talk
Singapore's manufacturing sector remains poised for a fragile recovery this year, despite another drop in output in April, DBS economist Chua Han Teng says.
Singapore Inflation Outlook Seems Balanced -- Market Talk
Singapore's inflation outlook seems balanced, OCBC's Selena Ling says in a note after headline and core CPI last month held steady in April.