China lifts factory sentiment across Asia amid hints of recovery


While purchasing manager indexes for South Korea, Japan, Malaysia and Indonesia nudged higher, they all stayed in contraction territory below 50, data from IHS Markit showed yesterday.

HONG KONG: A pickup in China’s factory sentiment filtered across Asia in November, though there were few signs of a strong rebound yet.

While purchasing manager indexes for South Korea, Japan, Malaysia and Indonesia nudged higher, they all stayed in contraction territory below 50, data from IHS Markit showed yesterday. Taiwan held steady at 49.8, while Thailand dropped to 49.3.

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