Pressure grows on Asia’s factories as tariff escalation bites
HONG KONG: Manufacturing sentiment across Asia remained in the doldrums during August as the escalating US-China trade war continues to hammer sentiment. Purchasing manager indexes (PMI) for Japan, South Korea and Taiwan remained in negative territory. Japan’s Jibun Bank and IHS Markit Purchasing Managers’ Index fell to 49.3 from 49.4 in July, the eighth consecutive […]
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