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Factory activity firms up in January amid weak outlook

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Factory activity firms up in January amid weak outlook
New Delhi: India’s manufacturing activity picked up slightly in January, recovering from a two-year low in the previous month with the help of an increase in new orders and output, even as business confidence fell to its weakest level in three and a half years, according to a private survey released on Monday.The HSBC Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 55.4 in January from 55 in December. It was 57.7 in January 2025. A reading above 50 indicates expansion in activity, while below that signifies contraction.

“Indian manufacturing firms saw a rebound in January, driven by increased new orders, output, and employment,” said Pranjul Bhandari, India chief economist at HSBC.
Survey respondents cited buoyant demand, growth in new business and investments in technology as key factors supporting production. Output expanded sharply and at a faster pace than in December.

Looking ahead, however, the outlook weakened further, with just 15% of firms expecting output to increase over the coming year, while 83% anticipated no change.


“Despite faster growth in new orders, business confidence remains muted, and expectations for future output have declined to their lowest level since July 2022,” Bhandari said.
Consumer goods emerged as the “brightest area of India’s manufacturing industry”, while capital goods recorded the slowest improvement in operating conditions, according to the survey.New orders grew at a quicker pace, with panellists pointing to firm demand conditions and marketing efforts that boosted sales to both domestic and overseas clients. “The main impetus to overall sales came from the domestic market, however,” the survey said.

International orders increased, though at the weakest rate in 15 months. Firms reported higher demand from Asia, Australia, Canada, Europe and West Asia.

On the cost side, input prices rose at the fastest pace in four months, though the increase remained mild by historical standards. Some manufacturers reported higher costs for chemicals, copper, iron, jute, paper, steel and transportation.

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“Underlying data showed that competitive pricing helped support sales,” the survey said.

Output prices edged higher, but inflation remained modest, weakest in around two years.

Many firms said improved efficiency, better cost management and intense competition limited their ability to raise prices.

“Input costs rose moderately, while the pace of growth in factory-gate prices eased, resulting in slight margin pressure for manufacturers,” Bhandari said.

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Fleetwood shares down following half-year update

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Fleetwood shares down following half-year update

Shares in Fleetwood fell by more than 20 per cent early on Wednesday, despite posting a first-half net profit after tax of $8.6 million.

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Flats boss Eddie Kamil loses battle over consumer warnings

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Flats boss Eddie Kamil loses battle over consumer warnings

Perth City Apartment Hotel boss Eddie Kamil has lost a legal battle with WA Consumer Protection Commissioner Trish Blake.

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Oil climbs 1% as US-Iran conflict worries overshadow large stock build

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Oil climbs 1% as US-Iran conflict worries overshadow large stock build

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Stocks Slide After Trump Raises Global Tariffs to 15%

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Stocks Little Changed After Fed Decision

Stocks Slide After Trump Raises Global Tariffs to 15%

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Thailand’s exports soared 24.4% in January 2026, marking the highest trade growth in four years

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US trade deficit in goods reaches record high with Thailand, Vietnam, and Taiwan

Thailand recorded its strongest trade growth in four years in January 2026, with exports jumping 24.4% and imports rising 29.4%, far exceeding economic forecasts.

This surge was primarily driven by a global “upcycle” in demand for electronics related to artificial intelligence and data centers, providing a significant boost to the Thai economy as the government navigates complex trade relations with the United States and China.

Key Points

  • Thai exports and imports reached their highest growth rates since late 2021, fueled by outbound electronic shipments and high demand for raw materials and machinery.
  • Trade officials attributed the export spike to genuine demand for AI-related technology rather than the transshipment of Chinese goods through Thailand to avoid tariffs.
  • Thailand maintained a $4.8 billion trade surplus with the United States in January, while running a $7.2 billion trade deficit with China.
  • The Commerce Ministry is prioritizing continued trade talks with the U.S. to maintain cooperation and mitigate the impact of proposed 15% global tariffs.
  • The strong trade data provides political momentum for Caretaker Prime Minister Anutin Charnvirakul’s coalition government, which has pledged to improve Thailand’s economic growth relative to its regional competitors.

The Ministry of Commerce clarified that the export spike is a result of genuine demand rather than the transshipment of Chinese goods. This economic boost arrives as the caretaker government looks to accelerate Thailand’s growth to remain competitive with other major Southeast Asian economies.

What specific technological trends contributed to the 24.4% jump in Thai exports in January 2026?

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the specific technological trends and factors that contributed to the 24.4% jump in Thai exports are:

  • Artificial Intelligence (AI): The surge was primarily driven by high global demand for electronic components specifically related to AI technology.
  • Data Centers: There was a significant “upcycle” in demand for electronics tied to the development and operation of data centers.
  • Electronics Sector Upcycle: The broader electronics industry experienced a growth phase, leading to increased outbound shipments of electronic products.
  • Inbound Demand for Infrastructure: While exports rose, the document also notes stronger demand for raw materials and machinery, which supported the overall trade activity linked to these sectors.

The Ministry of Commerce, specifically Nantapong Chiralerspong (Director-General of the Trade Policy and Strategy Office), clarified that this spike was a result of genuine demand for these specific technologies rather than the transshipment of Chinese goods through Thailand to avoid tariffs

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Elusive Shein boss hails Chinese roots in rare public appearance

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Elusive Shein boss hails Chinese roots in rare public appearance

His speech follows years of the firm focusing away from China as it moved its headquarters to Singapore.

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Trump says he has told big tech companies to build their own power plants

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Trump says he has told big tech companies to build their own power plants


Trump says he has told big tech companies to build their own power plants

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Savannah Guthrie Raises Reward to Up to US$1 Million, Acknowledges Mom ‘May Already be Gone’

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Savannah Guthrie

Savannah Guthrie has taken to social media to announce that her family is willing to pay up to US$1 million (approximately $1.41 million) for information that can lead to the whereabouts of her mom Nancy.

Nancy Guthrie has been missing since February 1.

Guthrie Family Raises Reward

In a video posted on social media, Savannah Guthrie also acknowledged the possibility that her mom may already have passed away.

“We also know that she may be lost, she may already be gone,” she tearfully said in the video. “She may already have gone home to the Lord that she loves and is dancing in Heaven… and if this is what is to be, then we will accept it.”

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“But we need to know where she is,” the “Today” host emphasized. “We need her to come home.”

According to PEOPLE, the family also donated US$500,000 to the National Center for Missing and Exploited Children.

A source close to the family also explained to PEOPLE why the family chose to raise the reward. The FBI’s reward of US$100,000 (approximately $141,000) remains active.

“The family first raised this on the first day of the investigation and has been ready to do this ever since,” the source said.

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The source added, “They were advised by all involved in the investigation that doing so earlier might overwhelm the infrastructure set up to field leads, tens of thousands of which have been coming in organically.”

Savannah Guthrie’s full video is available below.

Nancy Guthrie Is Still Missing

Since her February 1 disappearance, Nancy Guthrie has yet to be found. She is believed to have been kidnapped by an armed man.

Nancy Guthrie’s surveillance cameras were able to capture the masked man, and the FBI described him as “male, approximately 5’9″ – 5’10” tall, with an average build.”

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However, authorities are not ruling out that this masked man may have had an accomplice.

Pima County Sheriff Chris Nanos said that the search for the “Today” show host’s mom could take years.

“Maybe it’s an hour from now,” Nanos said, per The New York Times. “Maybe it’s weeks or months or years from now. But we won’t quit. We’re going to find Nancy. We’re going to find this guy.”

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Takeaways from Trump’s State of the Union address to Congress

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Takeaways from Trump’s State of the Union address to Congress


Takeaways from Trump’s State of the Union address to Congress

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Paramount boosts Warner Bros offer to rival Netflix in takeover bid

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Paramount boosts Warner Bros offer to rival Netflix in takeover bid

Warner Bros says the latest proposal could convince it to abandon the deal it struck with Netflix.

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