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Market View: Asia facing divergent trends in manufacturing and property markets
Manage episode 503724920 series 2467889
China announced that new home sales by its top 100 developers fell 17.6% year-on-year in August, marking six straight months of decline, even as the private manufacturing PMI rose to 50.5, its fastest pace in five months.
Meanwhile, South Korea’s factory activity remained weak, with its PMI at 48.3, while new export orders dropped for the fifth consecutive month amid higher US tariffs.
And Japan’s manufacturing PMI improved slightly to 49.7, but new export orders fell at the sharpest pace in nearly 18 months, even as firms added staff for the ninth month in a row and a new US trade deal promised tariff relief and investment.
On Market View, Alexandra Parada speaks to Willie Keng, Founder of the Dividend Titan, about the latest market movements.
See omnystudio.com/listener for privacy information.
5021 episodes
Manage episode 503724920 series 2467889
China announced that new home sales by its top 100 developers fell 17.6% year-on-year in August, marking six straight months of decline, even as the private manufacturing PMI rose to 50.5, its fastest pace in five months.
Meanwhile, South Korea’s factory activity remained weak, with its PMI at 48.3, while new export orders dropped for the fifth consecutive month amid higher US tariffs.
And Japan’s manufacturing PMI improved slightly to 49.7, but new export orders fell at the sharpest pace in nearly 18 months, even as firms added staff for the ninth month in a row and a new US trade deal promised tariff relief and investment.
On Market View, Alexandra Parada speaks to Willie Keng, Founder of the Dividend Titan, about the latest market movements.
See omnystudio.com/listener for privacy information.
5021 episodes
All episodes
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