Asia's factories expanded for a seventh straight month in June, driven by surging demand for AI hardware such as chips and servers, according to PMI data. The growth offset headwinds from the Iran war…
AI-driven demand for chips and data-center equipment pushed manufacturing PMIs above 50 in China, Japan, Taiwan, Vietnam, the Philippines, and Malaysia in June 2026, according to Reuters. However, the…
Asia's manufacturing sector expanded in June driven by global AI demand, offsetting economic drag from the Iran war, with China, Japan, and South Korea reporting growth in factory activity due to robu…
China's official manufacturing PMI rose to 50.3 in June, marking four consecutive months of expansion, driven by a surge in exports of AI-related hardware. However, the employment sub-index remained i…
China's official manufacturing PMI is expected to rise to 50.1 in June, barely above the 50-point threshold separating growth from contraction, according to a Reuters poll of 23 economists. The margin…