Tag: market news

Manufacturing activity in the United States expanded at its fastest rate in more than four years in July, according to a White House media release, which attributed the performance to President Donald Trump's economic agenda and cited data showing stronger factory output, demand and hiring.

Global manufacturing activity continued to expand in July, although the pace of improvement eased for a second straight month, according to the latest J.P.Morgan Global Manufacturing PMI®, which showed sustained growth in production, new orders and employment while highlighting ongoing uncertainty surrounding the sector.

Australia’s manufacturing sector returned to expansion in April, but underlying conditions remained weak as inflationary pressures and supply disruptions intensified, according to S&P Global.

Global technology giant Bosch said it is banking on its innovative capabilities to drive growth in 2026 amid ongoing geopolitical tensions and trade barriers.

New Zealand’s manufacturing sector continued to expand in March, but at a slower pace, according to the latest BusinessNZ PMI report.

American manufacturing continued to grow in February, but at its slowest pace in seven months, according to the latest S&P Global US Manufacturing PMI.

Nestlé has reported a significant turnaround in its market performance for 2025, driven by a resurgence in its “billionaire brands” and a strong recovery in the second half of the year.

Rio Tinto has reported an 8 per cent year-on-year increase in copper equivalent production for 2025 and record quarterly output across several product groups, according to its latest ASX operations review.

Hazer Group has reported a strong start to the financial year, outlining key operational and financial achievements in its half-year results for FY25. 

Fonterra Co-operative Group Ltd has indicated that its earnings for the 2025 financial year are expected to be in the upper half of its previously forecast range of 40 to 60 cents per share.