Australian manufacturers underwent change in level of operations. The manufacturing industry was far from dead in the country down under. The face of the Australian manufacturing sector has been deemed not dead, just changing.
Tags: Manufacturing Sector
Russia's Manufacturing Sector Grows Fastest in 7 Years in December
Activity in Russia's manufacturing industry scaled up at its fastest pace in almost seven years in December, according to a business survey.
Wall Street gains prop up stocks in Asia, Australia
Encouraging gains on Wall Street were propelling up stocks in Asia and Australia. Barring Hang Kong and Japan, all the major market benchmark indices in Asia and Australia, rose.
Japan's factory output up while retail sales shrink
Beating market predictions, industrial production in Japan rose during January 2016. On the other side, retail sales eased 1.1 percent. The mixed situation in the world's third largest economy is signaling ongoing uncertainty about GDP growth rate.
Job growth slowdown a sign of tightening economy
The US economy encouragingly created more jobs for the past two years and now is set for a slowdown, as economists predict. The prevailing credit conditions the US market indicate tightening of economy. The US private sector added 205,000 jobs in January as against 267,000 in December.
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FishHawk Partners raised US$30 million and is to be invested heavily in manufacturing sector. FishHawk Partners LP, a new Houston-based private equity company, had accumulated up to US$30 million from investors.
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