Malaysia's Sep manufacturing PMI at four-month high

A worker installs wheels on a car at a Volvo factory in Chengdu

In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

The overall index reading was the lowest since 2009.

Chris Williamson, chief business economist at IHS Markit said that there were some signs pointing to growth by Malaysian manufacturers after an earlier global PMI showing the steepest drop in global trade since 2012.

The global information provider noted that panel comments cited new product developments and resilient customer demand as key reasons supporting output volumes and the newly-produced items were held in stock in some cases, as firms prepared in advance for client demand for these products. -China trade war and growing concerns about the possibility of a worldwide recession.

The final Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) fell to a seasonally adjusted 48.9 from a final 49.3 in the previous month, posting the quickest pace of decline since February.

A Fed measure of production already signaled USA manufacturing is in a recession when it contracted in the first half of this year.

This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark.

Dramatic video shows massive bridge collapse in Taiwan
Dramatic video shows a 460-foot long arch bridge collapsing down on a coastal fishing village in eastern Taiwan . A disaster relief official said at least 10 people had been hurt in the incident in Nanfangao on Tuesday.

IHS Markit said production rose faster in September and that the growth in new orders was in part because of higher domestic demand.

New orders climbed to 50.7, its highest since February, from 47.5 in August, while employment also reached a seven-month high, rising to 52.1 from 50.5 in the prior month.

"Some manufacturers noted increased inventory-building activity in preparation for the forthcoming exit date, but the impact of such Brexit-related stock-building was dwarfed by weakening demand for other customers, due in part to clients routeing supply chains away from the United Kingdom".

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.

"However, while businesses generally remain upbeat about expanding production over the coming year, September saw some loss of optimism".

"There appears to have been progress made on large infrastructure projects after months of delays, with some manufacturers reporting more projects going ahead and increased tendering opportunities", the report added.

Related News:

  • Solskjaer admits he's striker light at Manchester United

    Solskjaer admits he's striker light at Manchester United

    We're working on improving the relationships, the patterns, the understanding. "I think he has been brilliant, a good honest guy. However, the manager reiterated there was no point signing a quick replacement, if he as well was not 100 percent sure either.
    'SNL' has Baldwin's Trump making phone calls to talk impeachment

    'SNL' has Baldwin's Trump making phone calls to talk impeachment

    Alec Baldwin returned yet again with his Trump impersonation, despite yet again saying he was finished playing the role. Trump then immediately called Vice President Mike Pence , who was played by Beck Bennett .
    Everton vs. Manchester City - Football Match Report

    Everton vs. Manchester City - Football Match Report

    Gabriel Jesus opened the scoring for City after 24 minutes but Dominic Calvert-Lewin equalised shortly after. Mahrez said: "I don't think it was a frustrating game - I think it was a good game from us".
  • Justin Bieber and Hailey Baldwin get married (again) in SC

    Justin Bieber and Hailey Baldwin get married (again) in SC

    Bieber and Baldwin's associates shared photographs of the glad couple and their company on their very own Instagram pages. While Hailey may have taken some inspiration from Meghan, her and Justin's wedding did include lots of personal touches.
    Jacques Chirac given full military honours as France bids him farewell

    Jacques Chirac given full military honours as France bids him farewell

    As his health failed in his final years, Chirac's popularity, which fell as low as 16 percent when he was president, rose. At 3pm (1300 GMT) schools and government offices across France observed a minute's silence in honour of Chirac.
    Android 10 Live Caption is coming with the Pixel 4

    Android 10 Live Caption is coming with the Pixel 4

    One can have the toggle for Live Caption available on Android's volume OSD, in addition to the Quick Toggle at the top. Another new feature in the app is the ability for users to share their emergency status with their contacts.
  • Manchester City line-up Guardiola successor at Etihad

    Manchester City line-up Guardiola successor at Etihad

    There is a history of City fans booing the pre-match Champions League anthem , which stems from a number of disciplinary issues the club's supporters felt were skewed against their team.
    Smoak shines in Blue Jays finale vs. Rays

    Smoak shines in Blue Jays finale vs. Rays

    PIRATES 6, REDS 5: Kevin Newman hit a two-run homer with two outs in the ninth inning to give Pittsburgh a win at home. The Houston Astros also placed three players that high: Jose Altuve (8), Alex Bregman (13) and George Springer (20).

    Renders of the upcoming Surface Laptop 3 and Surface Pro 7 leaked

    Amazon doesn't mention an expiration date for this bundle deal, so we recommend that you grab it while you still can. Though it's one heck of a performance beast, easily the best thing about the Surface Pro 6 is its improved endurance.
  • Rockstar Has No Plans For Red Dead Redemption 2 Single-Player DLC

    Rockstar Has No Plans For Red Dead Redemption 2 Single-Player DLC

    As such it looks like we're going to have to venture back into Red Dead Online in order to get our frontier fix. That sort of DLC doesn't seem, by all accounts, to be probable for RDR2, in any event for the time being.
    Typhoon Mitag Moving Northward, Expected to Hit Korean Peninsula

    Typhoon Mitag Moving Northward, Expected to Hit Korean Peninsula

    By 9 p.m., Mitag is expected to reach waters about 190 km south-southeast of Taipei while developing into a mid-strength typhoon. Taiwanese President Tsai Ing-wen wrote on Facebook: "The national army and authorities are on all out alert".
    Bolton: NK leader will never give up nukes voluntarily under current circumstances

    Bolton: NK leader will never give up nukes voluntarily under current circumstances

    Christopher Hill, who served as the lead USA negotiator during the Six-Party Talks with North Korea during the George W. In his first public comments since he was ousted by President Trump on September 10, Mr.


Most liked

Margot Robbie's Harley Quinn fantabulously emancipates herself in Birds of Prey trailer
The first trailer for the upcoming DC movie Birds of Prey dropped Tuesday, giving fans a long-awaited taste of the mayhem to come. Earlier in the summer, one of the film's stars Dana Lee revealed that his character is connected to Harley Quinn and The Joker .

Gigi Hadid boots catwalk crasher off Chanel runway
Attendees were able to identify the woman as French comedian and performer Marie Benoliel , 28, better known as Marie S'Infiltre. Guards exclusively realised that she had joined the fashions when it was too late to intervene.

Emmanuel Bonaventure Dennis Celebrates Brace Against Real Madrid With 'Siii' Celebration
Real Madrid did smell blood, and although both sides had their chances to win the match, the game ultimately ended in a draw. It's not that we started badly but then we didn't concentrate when the opposition were able to hurt us.

Call of Duty: Mobile Now Available for Download for iPhone and Android
Call of Duty: Mobile will be compatible with smartphones running at least 2GB of RAM and Android 5.1 and above. However, the better your phone is in terms of hardware prowess, the smoother you can expect gameplay to be.

U.S. DOJ confirms Barr foreign outreach in probe of 2016 election
Justice officials said that has involved seeking help from numerous foreign countries, including Australia. The White House restricted access to a transcript of the call which the president made at Mr.

Ford ties up with Mahindra in India to cut risks and costs
Mahindra will continue to have its own dealership and after sales network, independent of Ford's. Prior to the investment in Ardour, M&M will buy the automotive business of Ford India Pvt.

Trump impeachment: Pompeo blasts Democrats for 'bullying' staff
On Monday, he said the White House was trying to get more information on the anonymous whistleblower, whose identity is protected by law.

Sword-wielding student goes on rampage at Finland school
The incident took place at the Savo Vocational College located in the Herman shopping center in Kuopio, police said. In 2008, a 22-year-old student at a vocational school in Kauhajoki shot 10 people dead before committing suicide.

Rutgers fires Chris Ash; Nunzio Campanile to take over in interim
Progress has been achieved in many areas, but, unfortunately, that progress has not been realized in the field of play. The best season in Ash's three-plus-year tenure came in 2017 when the Scarlet Knights were 4-8.

AUD/USD: Australian Dollar Price Outlook & RBA Decision Preview
The decision was somewhat of a surprise since the move was forecast by only 55 percent of economists surveyed. There were no new data on wages growth.

Chiranjeevi Sye Raa Narasimha Reddy Release Issues
Rathnavelu is the cameraman for this film, with A Sreekar Prasad editing it and Amit Trivedi wielding the music baton. Earlier, booking for tickets was opened in Bengaluru, but now it has been removed from booking sites.

Calhoun County Still Set For Aerial Pesticide Spraying
This chemical is toxic when ingested, and dogs and cats may lick it off after application. Aerial spraying is not expected to have any impacts on surface water or drinking water.

Shipping risk: 315 billion-tonne iceberg breaks off Antarctica
However, the Amery Ice Shelf in particular is an area not yet thought to have been significantly impacted by the phenomenon. We knew it would happen eventually, but just to keep us all on our toes, it is not exactly where we expected it to be'.

Call of Duty Mobile Launch: The PUBG Killer Is Available For Download
While playing with a squad, you can choose from a few roles for your in-game character, specializing in one skill or the other. You might have heard that a Call of Duty mobile game is on the way, due to arrive on IOS and Android on October 1.

City goes pink for breast cancer awareness
One contracts breast cancer due to a combination of factors and it is important to understand the risk factors associated. This statistic hasn't changed for decades. "We just need to keep working to achieve that goal".