TOKYO (REUTERS) – Manufacturing in China and Japan suffered in January amid a resurgence in coronavirus infections, while South Korea and Taiwan saw improvements, underscoring the fragile and uneven nature of the region’s economic recovery.
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METALS-Copper edges higher as Chinese liquidity worries ease
(Updates prices, adds quotes) HANOI, Feb 1 (Reuters) – Copper prices edged higher on Monday as investors were relieved that China, the world’s biggest metals consumer, might not be tightening credit as much as expected.
Read moreSingapore to grow manufacturing base, attract top industry players: Chan Chun Sing
SINGAPORE – Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).
Read moreChina January factory activity expands at slowest pace in 7 months
BEIJING (REUTERS) – China’s factory activity expanded at the slowest pace in seven months at the start of 2021, weighed down by falling export orders amid a surging global pandemic and rising costs, a business
Read moreThe future of finance is sustainable
The pandemic has exacted tremendous costs from societies around the globe, but it has also presented the world with an unparalleled opportunity to build back a more sustainable and inclusive economic system. The shift to
Read more5-pronged plan to develop Singapore as global e-commerce hub: Chan Chun Sing
SINGAPORE – The Government has a five-pronged strategy to promote Singapore’s status as a regional and global e-commerce hub, Minister for Trade and Industry Chan Chun Sing said on Thursday (Jan 28). He said Singapore firms
Read moreIMF boosts world growth outlook as vaccines outweigh uncertainty
WASHINGTON (BLOOMBERG) – The International Monetary Fund (IMF) raised its forecast for global growth this year, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent
Read moreGLOBAL MARKETS-Asian shares set for mixed opening, eyes on Fed, stimulus
* Aussie shares set to play catch up to other Asian markets * Eyes on Fed policy, stimulus talks, Australia inflation * Rally in Europe reflects strong earnings, higher IMF outlook NEW YORK, Jan 26
Read moreWorking from home is losing its effectiveness, bank execs tell WEF meet
LONDON (REUTERS) – Working from home has been surprisingly successful for global banks during the first year of the coronavirus pandemic but is losing its effectiveness, two prominent industry executives said on Tuesday (Jan 26)
Read moreUS dollar slides for third day on economic data, Biden stimulus expectations
NEW YORK (REUTERS) – The US dollar fell for a third straight session on Thursday (Jan 21), with investors seeking out higher-yielding currencies, as a slew of better-than-expected US data and continued optimism about a
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