Reported about 1 month ago
Asian factories, particularly in China, showed signs of tentative recovery in August, with China's manufacturing PMI rising to 50.4, indicating growth. Other countries like South Korea and Taiwan also reported expansion, while Japan experienced a slower contraction. Despite this positive trend, economic uncertainties, including potential U.S. interest rate cuts and ongoing concerns about China's slowdown, pose challenges for the region's manufacturing outlook.
Source: YAHOO