InfoAnda - Inflation fears as Asian manufacturing stays strong

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Nokia files patent lawsuits against HTC, RIM | | 2 May 2012
Ne-Yo among actors ready for "Battle" | 9 September 2009
China spending plans in restive Xinjiang: media | 5 May 2010

Iran says Hezbollah drone sent into Israel proves its capabilities | | 14 October 2012

Forum Views () Forum Replies ()

Read more with google mobile : Inflation fears as Asian manufacturing stays strong

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Inflation fears as Asian manufacturing stays strong AFP - Wednesday, February 2 Send IM Story Print Inflation fears as Asian manufacturing stays strong Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – Manufacturing in China and India remained strong in January, while rising input prices have stoked fears that inflation in developing economies has not been tamed, a survey by HSBC showed Tuesday. Surging prices for oil, copper, wheat and other commodities has fuelled inflation across Asia, forcing central banks in China, India, South Korea, Taiwan and Thailand to hike interest rates. HSBC's seasonally adjusted PMI, or purchasing managers index, showed China's manufacturing activity in January rose to 54.5 from 54.4 in December. But an official survey released by the China Federation of Logistics and Purchasing showed activity slipped to a still-robust 52.9 in January from 53.9 in December. In India factories cranked up production, with the purchasing managers index rising to 56.8 in January from 56.7 in December, according to HSBC. A figure above 50 indicates expansion in the manufacturing sector while a figure below 50 represents contraction. The HSBC and Chinese government surveys showed inflationary pressures were building across Asia and analysts said further rate hikes would be needed to bring prices under control. The official Chinese PMI's input price subindex rose to 69.3 from 66.7, pointing to growing upward pressure on costs that were already at high levels, said Brian Jackson, a senior strategist at Royal Bank of Canada. "This provides a further reason to think that headline inflation is likely to pick up in the next few months, and will strengthen the case for further policy moves over 2011, including rate hikes and a faster pace of currency appreciation," Jackson said. China has raised the reserve requirement ratio -- the amount of money lenders must keep in reserve -- seven times in the past 12 months, and raised benchmark lending and deposit rates twice in the fourth quarter. Officials and economists have warned China's inflation risks will remain high in the first quarter of 2011 despite the December slowdown. Input price inflation across India's manufacturing industry also rose in January. India last week hiked interest rates to their highest since early 2008, joining South Korea and Thailand, as governments across the region become more unsettled by the possible destabilising effects of high inflation. Annual Indian inflation surged in December to 8.43 percent, up nearly a percentage point from the previous month, stoked by a surge in food prices. "Monetary policy has a role to play in preventing elevated food prices from spilling over into broader inflationary pressures," said Matt Robinson, a senior economist at Moody's Analytics. But he warned such measures also "dampen economic growth and investment, lessening prospects for increasing living standards and reducing poverty." Elsewhere in Asia, South Korea's manufacturing activity fell slightly to 53.5 in January from December's 53.9, HSBC said. Australia's manufacturing sector improved moderately in January, though the industry remains sluggish due to a high local currency and soft domestic demand, Dow Jones Newswires reported. The Australian Industry Group-PricewaterhouseCoopers Australian Performance of Manufacturing Index rose to 46.7 in January, up 0.4 points from December. Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 30 minutes ago Executive in charge of Gap's failed logo change leaving Reuters - 31 minutes ago Rosneft: court injuction should not derail BP deal Reuters - 34 minutes ago Instant View: Factory activity rises in Jan Reuters - 34 minutes ago Wall Street rises on solid manufacturing data Reuters - 36 minutes ago News Search Top Stories Hundreds of thousands join Egypt day of anger Photos released to protect threatened Amazonians BP faces first annual loss since 1992 on oil spill disaster U2's The Edge in row over Malibu home plans Canada investigates mass sled dog slaughter More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed US golfer Woods finds old habits hard to shake Brain scan can tell if a smoker will quit WikiLeaks' Assange 'dressed as old woman' to evade CIA: book Photos released to protect threatened Amazonians Canada investigates mass sled dog slaughter More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Tuesday, 1 February 2011
Factbox
Chirac 'very well' despite Alzheimer's claim
US-TECH Summary
Iran hangs man convicted of apostasy
Al Jazeera TV says journalists released in Egypt
U.N. told North Korea has more secret atomic sites: envoys |
Google topples Nokia from smartphones top spot
Left wins governorship in violent Mexican state |
India insists on access to BlackBerry emails
Sudan says accepts south secession vote: Vice President |
Google dethrones Nokia with Android smartphone: study
Management Tip of the Day: Add structure to social media
Scandal-hit Berlusconi to present growth plan |
New app to bring U.S. art to wider audience
Chirac to attend trial in March: wife |
More news websites blocked in Iran
Elpida to buy all DRAMs made by Taiwan's Powerchip
Cyber raids 'threaten British, US stock markets'
Iran warns France over Louvre artefacts: report
LG plans European mobile swipe payment system in 2012
James Bond composer John Barry dies aged 77
Ceva sees strong 2011 demand for its mobile chips
Google dethrones Nokia with Android smartphone: study
LG plans European mobile swipe payment system in 2012 |
Toshiba faces $100 million gender bias lawsuit |
Facebook shopping discount service reaches Europe |
Baidu options suggest possible breakout after earnings |
Mobile 'apps' to be $58 billion market: study
US-TECH Summary
LG plans European mobile swipe payment system in 2012
Facebook shopping discount service reaches Europe
Toshiba returns to black for December quarter
Ceva sees strong 2011 demand for its mobile chips
Super Bowl offers chance to party with stars -- for a price |
David Arquette checks out of rehab |
Google launches Twitter workaround for Egypt
Top dissident arrested at Moscow rally
Baidu upbeat on outlook, targets social search
Canada investigates mass sled dog slaughter
Afghan drug war to be won with crops, not jails: judge
BP says makes $4.9bln annual loss, first since 1992
Google launches Twitter workaround for Egypt
US golfer Woods finds old habits hard to shake
Photos released to protect endangered Amazonians
Egypt braces for mass protests as army holds back
Egyptians gather for mass march to oust Mubarak |
Obama to meet with tech company CEOs on Tuesday
Storm threatens 100 million in US with snow, ice, cold
Egyptians seek million-strong march to oust Mubarak
Pakistan court blocks handing over of U.S. diplomat |
Oil hits $101 a barrel as Egypt protests mount
Google unveils Web-free 'tweeting' in Egypt move
U.S. urges Egypt's Mubarak do more
IBM touts social skills on RIM's PlayBook
WTO delivers verdict on Airbus vs. Boeing
Rival Koreas agree to military talks February 8 |
Governments, firms evacuate citizens from Egypt
Egypt's last working Web provider goes offline
Taliban 'abduct 21 Afghan tribal elders'
Wi-LAN reports more deals, expects to avoid court
S.Korea's Lee urges North to seize 'good chance'
Google topples Nokia from smartphones top spot
Countries evacuate citizens as Egypt crisis worsens
Australia evacuates coastal cities in path of big cyclone |
NZ extends special forces Afghan deployment
Toshiba faces $100 million gender bias lawsuit
Pakistan judge blocks any move to hand over US gunman
In Myanmar's gleaming new capital, uncertain promise |
EU calls for orderly transition in Egypt
Haiti opens door for return of ex-president Aristide |
South Korea's conciliatory Lee hints at summit with North
US-TECH Summary
Russian police arrest dozens at anti-government rallies |
Brittany Murphy death house averts forced auction
Israel's Netanyahu fears Egypt could go way of Iran
Australia evacuates coastal cities in path of big cyclone
Google topples Nokia from smartphones top spot
Floodwaters sweep away Bolivian bus, killing 31 |
US envoy to China quits amid 2012 buzz
Residents, tourists flee as cyclone nears Australia
Ivorian rivals dig in after AU panel move |
N. Korea dissent on rise: US study
Singapore grannies take up ballet to stay healthy
US-ENTERTAINMENT Summary
Brittany Murphy death house averts forced auction
U.N. told North Korea has more secret atomic sites
CBS orders replacements for "Two and a Half Men"
Japan volcano erupts with big blast of ash, rocks
Which network boasts the worst two-hour block?
Terrific actors face off in "Gruesome" play
U.S. wants TV producer to face homicide charge in Mexico
Lawsuit indicates new Rolling Stones tour in works
Google launches Twitter workaround for Egypt |
Wallace Shawn juggles acting jobs, play writing
NZ commodity prices hit record high in Jan
Director Peter Weir finds "Way Back" to big screen
Taiwan's central bank to closely watch prices
Obama to meet with tech company CEOs on Tuesday |
S.Korea c.bank urges capital controls coordination
IBM touts social skills on RIM's PlayBook |
Seoul shares rise as POSCO, insurers jump
Taiwan economic growth at 23-year high in 2010
Wi-LAN reports more deals, expects to avoid court |
NZ 98-day T-bills yield 3.07pct at tender
Baidu upbeat on outlook, targets social search |
S.Korea inflation jump boosts Feb rate rise chance
Seoul shares open up, POSCO gains
Baidu Q4 net profit nearly triples
Wage growth picks up in Q4, but jobs market soft
Eva Longoria and Tony Parker finalize divorce |
CBS orders replacements for Two and a Half Men |
U.S. wants TV producer to face homicide charge in Mexico |
Which network boasts the worst two-hour block? |
Brittany Murphy death house averts forced auction |
Terrific actors face off in Gruesome play |
Director Peter Weir finds Way Back to big screen |
Wallace Shawn juggles acting jobs, play writing |
Lawsuit indicates new Rolling Stones tour in works |
Val Kilmer going Deep with Texas indie drama |
Swiss block Duvalier millions under new law
Yeltsin was disappointed in Putin: ex-chief of staff
U2's The Edge in row over Malibu home plans
Jordan's king appoints new PM after protests |
Synagogue, schools attacked in Tunisia, fear spreads |
Next Irish government faces dire economy |
Iraq war casualties rise in January |
U.S. praises Kazakh leader for skipping referendum |
Indian warship collision caught on camera
U.N. offers to help Haiti prosecute Duvalier crimes |
India minister warns of 'stalemate' with Maoists
China Nobel laureate Liu 'denied prison visits'
Chinese hitchikes home to celebrate Spring Festival
What you believe, I don't
Happy New Year, it's on me
'Imlek': A family affair
Pakistani stocks end lower on economic concerns
China says web 'open' despite Egypt news curbs
Google touts game changer in online art viewing |
Thai inflation edges higher
Infineon, ARM shine; see steady growth |
Anger over 'accidental' death of Chinese activist
India's exports jump 36.4% in December
Egypt fears keep oil above $100, Asian shares gain
Mercedes relaunches premium Maybach in India
IMF says ready to help Egypt, others in trouble
Samsung offers full refund for Intel chip
Inflation fears as Asian manufacturing stays strong
S.Korea may cut tariffs, taxes to curb inflation
Lambert leads Academy of Country Music nominees |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01