-- The S&P Global Singapore Purchasing Manager's Index posted above the 50.0 no-change mark for the 15th straight month in April, according to survey data released by S&P Global on Wednesday.
PMI edged up to 57.9 in April from 56.7 in March, with the latest figure driven by a record injection of new business.
The acceleration was also attributed to a pick-up in domestic demand, which offset a softer uptick in exports.
Resolution Minerals (ASX:RML) reported high rates of antimony recoveries in sulfides during concentrate test work on samples from the Antimony Ridge project in Idaho, according to a Wednesday filing with the Australian bourse.The high sulfide recoveries were achieved from lower grade samples containing about 10% antimony, suggesting potential to capture stibnite, even if high-grade ore is diluted by surrounding waste during extraction, the filing said.Further concentration stages are underway in test work on samples from the project, per the filing.Shares fell nearly 2% in midday trade Wednesday.
Beijing generated 22.4 billion yuan in tourism revenue during the five-day May Day holiday, a 6.6% year-on-year increase, according to the Beijing Municipal Bureau of Culture and Tourism.China's capital city received 18.8 million tourist visits, up 5.1%. Inbound visits rose 22.3% to 128,000, with spending reaching 1.38 billion yuan.Beijing hosted over 2,000 cultural activities, including 1,684 live performance sessions, generating 260 million yuan in box office revenue.
The Korea Exchange activated a five-minute buy-side sidecar on the country's primary stock market on Wednesday morning as investors rushed to purchase securities on hopes that the U.S.-Iran conflict may end in the near future.The Korea Exchange announced the order at 9:06 am after the KOSPI200 Futures added 66.05 points, or 6.28%, to trade at 1,116.55.A buy-side sidecar is activated when the KOSPI200 Futures index gains 5% or more for at least one minute.