SINGAPORE, May 23- Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rocked Asian markets on Thursday, took the dollar to three-year highs, sent share markets lower, and hit the Japanese government bond market as yields rose to their highest in a year.
*Euro zone business downturn eases in May. LONDON, May 23- The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday.
HONG KONG, May 23- Shanghai shares posted their worst loss in a month on Thursday, falling along with other Asian stock markets after a private survey suggested manufacturing activity in China contracted in May for the first time since October. The Shanghai Composite Index shed 1.2 percent in its biggest single-day decline since April 23.
Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the U.S. dollar to three-year highs, and Japanese government bond yields to their highest in a year.
*HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.
*HK losses accelerate after China flash PMI at 7- mth low. HONG KONG, May 23- Hong Kong shares are headed for their worst daily loss in seven weeks on Thursday, sinking deeper into the red after a preliminary private survey suggested manufacturing activity in China contracted in May for the first time since October.
TOKYO, May 23- The Nikkei average took a dramatic turn for the worse on Thursday afternoon, sliding 3.4 percent from an earlier surge to a 5-1/ 2- year high as investors were rattled by weak factory activity in China, one of Japan's major export markets.
*Weak PMI casts doubt on China's recovery, oil demand. China's factory activity shrank in May, with the preliminary purchasing managers index slipping to a seven-month low, reflecting slower local demand as well as headwinds from the United States and the European Union. 1/ 8 ID: ID: nL3N0E40BA 3/ 8.
*Weak PMI casts doubt on China's recovery, oil demand. China's factory activity shrank in May, with the preliminary purchasing managers index slipping to a seven-month low, reflecting slower external demand as well as headwinds from the United States and the European Union.
*HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
HONG KONG, May 23- Hong Kong shares were poised for a weaker start on Thursday, with Chinese financials weak ahead of the HSBC China flash purchasing managers' index for May that could offer fresh clues on the world's second-largest economy. The Hang Seng Index was set to open down 0.8 percent at 23,066.7.
HONG KONG, May 23- Hong Kong shares could start weaker on Thursday, tracking Wall Street losses and ahead of the HSBC China flash purchasing managers' index for May that could offer fresh clues on the world's second-largest economy. Elsewhere in Asia, Japan's Nikkei was up 1.6 percent, while South Korea's KOSPI was down 0.7 percent at 0050 GMT.
Following are details of the JPMorgan Global Purchasing Managers' Index for April. GLOBAL SERVICES PMI PMI Jobs Orders Inp Prc Mar 53.4 51.7 52.3 54.9 Apr 52.1 50.5 51.9 52.7 GLOBAL COMPOSITE PMI PMI Orders Jobs Inp Prc Mar 53.0 52.2 51.4 54.5 Apr 51.9 51.7 50.4 52.1.
TORONTO, May 6- The pace of purchasing activity in the Canadian economy slowed more severely than expected in April, according to Ivey Purchasing Managers Index data released on Monday. The seasonally adjusted index fell to 52.2 in April from 61.6 in March. Analysts polled by Reuters had expected an adjusted reading of 58.0.
-Canada Ivey Purchasing Managers Index:.
The HSBC services Purchasing Managers' Index fell to 51.1 in April from 54.3 in March, with new order expansion the slowest in 20 months and staffing levels in the service sector decreasing for the first time since January 2009.
The HSBC services Purchasing Managers' Index fell to 51.1 in April from 54.3 in March, with new order expansion the slowest in 20 months and staffing levels in the service sector decreasing for the first time since January 2009.
The HSBC services Purchasing Managers' Index fell to 51.1 in April from 54.3 in March, with new order expansion the slowest in 20 months and staffing levels in the service sector decreasing for the first time since January 2009.
AXA SA Q1 SALES ENEL GREEN POWER SPA Q1 FRESENIUS SE& CO KGAA Q1 LINDE AG Q1 MAJOR U.S.