Sectors

Market news: Asia media round-up

Date: 02 Jul 2009

In June, manufacturing in China picks up for the fourth time in a row, South Korean exports rise 17.4% from May and sentiment among big Japanese manufacturers bounces back . Meanwhile India aims to introduce new law to improve corporate governance before the end of the year and Hong Kong citizens take to the streets in an emotional rally over minibonds.

Keywords (click to search): [asia] [media] [round-up]

Pamela Tang

Asiamoney rounds up the major financial news stories in the media today in Asia.

China
China’s manufacturing ticked up in June from the previous month, helping drive a recovery in the country’s economy. The Purchasing Managers’ Index rose to 53.2 in June from 53.1 in May, according to the China Federation of Logistics & Purchasing. This is the latest indication that China’s economy continues to regain momentum, helped by the government’s stimulus plan.

Chinalco is set to participate in Rio Tinto’s rights issue, maintaining its stake in the miner just one month after the Chinese group walked away from a deal that would...

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