Tag: market news
Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January
The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.
Job vacancies in Australia decrease but remain high at end of 2022
Job vacancies decreased by 5 per cent in November 2022, declining by over 23,000 from August’s result, according to the latest report from the Australian Bureau of Statistics.
First Graphene and Suvo Strategic Minerals to collaborate on low-emission cement and concrete
First Graphene Limited (ASX: FGR; “First Graphene” or “the Company”) is pleased to announce it has entered into a joint development agreement (JDA) with fellow ASX-listed company Suvo Strategic Minerals Limited (ASX:SUV; “Suvo”) to research and develop low-emission cement and concrete products.
Cann Group names Peter Koetsier as new CEO
Cann Group, a leading manufacturer and supplier of innovative cannabis medicines, appointed Peter Koetsier as its new chief executive officer, effective 16 January 2023.
Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.
US manufacturing sector sees fastest PMI deterioration in December
US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.
Eurozone’s final manufacturing PMI in 2022 rises to 3-month high
Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers.
Drone tech provider Nightingale Security secures contracts with global giants
ASX-listed drone manufacturer Nightingale Intelligence Systems is wrapping up the year with new contracts with global giants including energy company Haliburton and global information management company Iron Mountain.
JP Morgan: global manufacturing activity slumps further in November
The Global Performance of Manufacturing Index’s (PMI) downturn intensified in November, hitting a 29-month low as companies face weaker intakes of new business, slower international trade flows, and continued high costs.
Featured Article
Delivering growth: how invoice finance transformed a logistics business
For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.
