Supply Chain Council of European Union | Scceu.org
Operations

Asian shares boosted by stronger China factory data

TOKYO (AP) — Asian shares are mostly higher, buoyed by optimism over further signs of recovery in China’s manufacturing sector. Benchmarks rose in Japan, Australia, Hong Kong and South Korea on Monday. A major indicator for China’s manufacturing sector rose in October, showing that domestic demand is holding up. Still, a resurgence of outbreaks of COVID-19 has investors worried, on top of uncertainty over the U.S. presidential election. Market players are looking ahead to a slew of earnings reports from Japan and the rest of the region this week, including automakers.

Related posts

Chinese battery maker plans factory in France, report says

scceu

Inside the electronics factory where staff have gone back to work – 2 metres apart – The Sun

scceu

TSMC plans $12 billion chip factory in Arizona, passing over site near Portland

scceu