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Asian markets gain following upbeat U.S. jobs report

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. 6:00 a.m. Today

China's June Caixin services PMI hits 10-year high

BEIJING--A private gauge of China's service-sector activity surged to the highest level in more than a decade in June, as the easing of virus-control measures in most parts of the country drove demand. 12:06 a.m. Today

Asian markets rise on vaccine hopes, signs of improving global economy

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. 11:41 p.m. July 1, 2020

Asia Headlines

What PMI Numbers Won’t Tell You

In recent years, purchasing managers indexes have become important indicators of where the global economy might be heading. But in the current slowdown, where small businesses were some of the hardest hit, PMI numbers may not be telling the full story. WSJ explains. Photo: Getty Images video content

5:30 a.m. July 1, 2020
 - AFP/Getty Images
Asian markets gain after Wall Street caps impressive quarter

Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic.

12:16 a.m. July 1, 2020
China's Caixin manufacturing PMI hits 6-month high

A private gauge of China's manufacturing activity rose to a six-month high in June, boosted by increased domestic demand despite weakening new export orders. The Caixin China manufacturing purchasing managers index, which is tilted toward small, private manufacturers, climbed to 51.2 in June from 50.7 in May, Caixin Media Co.

10:46 p.m. June 30, 2020
Japanese manufacturing sentiment at 11-year low

TOKYO--Sentiment among Japan's large manufacturers deteriorated to the lowest level in 11 years, a central bank survey showed Wednesday, reflecting deep concerns over the impact of the coronavirus pandemic.

8:34 p.m. June 30, 2020
Decline in South Korea's exports moderated in June

South Korean exports' decline moderated in June as pandemic lockdowns eased, but a resurgence in coronavirus cases still weighs on hopes for a quick recovery in trade. Outbound shipments shrank 10.9% from a year earlier to $39.21 billion, following the prior month's revised 23.6% contraction, data released by the trade ministry Wednesday showed.

8:33 p.m. June 30, 2020
 - Associated Press
Asian markets gain on renewed optimism after Wall Street’s rally

Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks.

11:35 p.m. June 29, 2020
China factory activity rises to 3-month high

BEIJING--An official gauge of China's factory activity rose to a three-month high in June, bolstered by improving demand. The official manufacturing purchasing managers index edged up to 50.9 in June from 50.6 in May, the National Bureau of Statistics said Tuesday. The index has remained above the 50 mark for four straight months, which separates month-on-month expansion of activity from contraction.

11:08 p.m. June 29, 2020
China business activity hits 7-month high in June

An official gauge of business activity outside Chinese factory floors rose to a seven-month high in June, boosted by a recovery in the service industry. China's official nonmanufacturing purchasing managers index climbed to 54.4 in June from 53.6 in May, the National Bureau of Statistics said Tuesday.

11:07 p.m. June 29, 2020

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