Tue, Apr 02, 2013 - Page 15 News List

Manufacturing activity in Asia expands

REGIONAL OUTLOOK:The purchasing managers’ index, an indicator of economic health, rose in several countries, including South Korea, which saw its strongest figure for a year


Manufacturers have been helped by the weakening in the yen, after the currency hit a record about the 75-level against the US dollar in late 2011 and remained strong through most of last year.

The US dollar bought ¥93.88 yen in morning forex trade yesterday.

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