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BEIJING: China's official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism that the world's second-largest economy may be stabilising.
PETALING JAYA: A marginal improvement in Malaysia’s manufacturing operating conditions was recorded for the first time in two years during April, as seen in the Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI).
TOKYO: Asian shares and other more risky assets fell back on Tuesday while the yen rose broadly after the HSBC "flash" PMI reading showed manufacturing growth in China slowed in April, underscoring market concerns about global growth prospects.
TOKYO: Japanese manufacturing activity contracted again in June as new orders fell at the fastest pace in three years, pointing to growing pressure on the economy amid weakening demand at home and abroad, a preliminary survey showed on Friday. The IHS Markit/Nikkei Flash Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 49.5 in June from a final 49.8 in the previous month.
PAN Malaysian Industries Bhd (PMI) now owns 90.67% of Metrojaya Bhd's (MJB) shares, but has yet to cross the threshold that would make it compulsory for holders of the remaining MJB shares to sell them to PMI.
Pan Malaysian Industries Bhd (PMI) and its subsidiary, Excelton Sdn Bhd, have received acceptances of 16.521 million shares, or 13.23% of the paid-up capital of Metrojaya Bhd (MJB) under its cash offer to privatise MJB.
BEIJING: Growth in China’s manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter.
China's manufacturing activity in October likely grew at its fastest rate since April 2012, a Reuters poll showed, adding to signs of a stabilisation in the world's No 2 economy as the government readies a series of key economic reforms.
Pan Malaysian Industries Bhd (PMI) shares inched up 1 sen to 3.5 sen on the day's heaviest volume of 24.5 million shares on Monday following the company's announcement on Friday that it had withdrawn its proposal for a share consolidation and rights issue.
Pan Malaysian Industries Bhd (PMI) shares and warrants were among the most actively traded stocks in recent market days, led by a view the stocks are under-valued.