The Business Times

Factory demand

Transport & Logistics

LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda

This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’

Beyond geopolitical risks, weak domestic demand is still casting a pall over the outlook for Chinese factories.
Global Enterprise

China factory activity slumps for longest stretch on record

Chinese policymakers are in no rush to act now that their annual growth target of around 5% for this year looks to be within reach

China’s headline unemployment rate has held around 5 per cent as US President Donald Trump raised tariffs on imports from China by 30 percentage points this year.
International

China factories cut shifts and workers' pay as US tariffs bite

[GUANGZHOU] Mike Chai aims to cut wage costs at his kitchen cabinet factory by about 30 per cent to remain competitive against other Chinese firms, which have stopped selling to the US due to steep ta...

The disappointment followed other official data showing the government’s fiscal support to the economy was weak last year.
International

China’s factory activity cools ahead of Chinese New Year holiday

Factory activity shrank in January after three months of expansion, with the manufacturing purchasing managers’ index falling to 49.1

German factory orders could pick up in the latter half of the year amid slower inflation and higher household spending.
International

German factory orders unexpectedly slump as recovery falters

Private sector activity and investor confidence in June are also undershooting expectations

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