China is losing competitiveness to lower-cost producing countries like Vietnam and Indonesia, which is pressurizing its manufacturing sector, says Stanley Szeto, Chairman & CEO of Lever Style.» Read More
Manufacturing continued to reel from the headwinds of a strong dollar and weak overseas demand.
The Fed will likely raise rates three times this year, skipping a hike at its March meeting, Goldman said, revising its previous forecast for four hikes.
New data shows mid-size manufacturers — long considered past their prime to overseas pressures — are still going strong in the U.S. economy.
CNBC's Rick Santelli speaks to Jay Timmons, National Association of Manufacturers President and CEO, about the state of manufacturing in the U.S., and the impact from overseas.
Improved inflow of new business was a key driver of the improvement, which underscores divergence with the sputtering manufacturing sector.
China's policymakers still have ammunition to counter the mainland's slowing economy, including supply-side reforms and subsidized housing, HSBC said.
Karine Hirn, co-founder and CEO of East Capital says there are interesting entry points in Chinese equities.
Simon Male, head of Asian equities at Auerbach Grayson, says weak demand for credit is a problem for Asia.
U.S. construction spending barely rose in December as spending on nonresidential structures recorded its biggest drop since 2013.
Ryan Roberts, analyst at MCM Partners, says a combination of monetary and fiscal policy reforms will be needed to help China's economy rebalance.
Vasu Menon from OCBC Bank explains that Asian markets are nervous about China's economy and closely watching its every move.
Investors should focus on China's Producers Price Index (PPI) which has fallen for the past four years, says Ken Wong from Eastspring Investments.
Erwin Sanft, head of China strategy at Macquarie, says markets understand that China's manufacturing sector remains in a difficult situation.
Toyota's acquisition of Daihatsu is aligned with its direction to position itself in emerging markets, says James Chao from IHS Automotive.
China's economic data will not be revealing any quick turnarounds, says Li Wei, China economist at Commonwealth Bank of Australia.
China's leaders are set to target 6.5-7 percent economic growth this year, sources familiar with their thinking said, using a range for the first time.
The impact of any possible factory slowdown, though, depends a lot on where you live.
Johnson Controls is in advanced talks to buy fire protection and security company Tyco International, people familiar with the matter told Reuters.
The slide was led by a drop in housing permits and weak new orders in manufacturing.
Boeing announced Thursday it will take a $569 million after-tax charge in its fourth-quarter results as it scales back production of its 747-8 jet.