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Business 08 Apr 2021 | 7:00 AM

Pandemic slows country’s services activity

BENGALURU: Activity in India’s dominant services industry expanded for the sixth consecutive month in March, supported by strong domestic demand, but some momentum was lost as authorities imposed fresh restrictions following a surge in coronavirus cases, a survey showed.

Business 06 Apr 2021 | 7:00 AM

Builders and vaccines power UAE business growth

DUBAI: Business conditions in the United Arab Emirates (UAE) improved at the fastest pace in 20 months, taking a sharp turn for the better with the vaccine rollout and an upswing in construction work.

Business 06 Apr 2021 | 7:00 AM

Upbeat figures suggest lasting GDP growth

BEIJING: China’s rosy foreign trade performance will sustain its gross domestic product (GDP) growth momentum in the first quarter of this year, consolidating the country’s fundamentals for steady and sound economic growth in the post-pandemic era, according to observers and business leaders.

Business 06 Apr 2021 | 7:00 AM

Japan’s service sector contracts

TOKYO: Japan’s service sector activity extended declines in March as businesses struggled to fully shake off the impact of the coronavirus pandemic but the pace of the downturn is the slowest since January last year.