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SAO PAOLO: Across the world, a dearth of workers is shaking up food supply chains.
HONG KONG: China ramped up financial support for small businesses and pledged better use of local government bonds as the economy showed further signs of a slowdown because of tight property controls and fresh virus outbreaks.
PETALING JAYA: Job hunters must take advantage of online recruitments to boost their chances under the new norm during the Covid-19 pandemic, says Datuk Sri Dr Wee Jeck Seng.
KUALA LUMPUR: The FBM KLCI failed to hold on to its gains generated in early trade as weaknesses were evident amongst banking and plantation counters.
Tesla temporarily halted its operations in Shanghai due to a shortage of semiconductor chips, likely delaying the output of its new SUV crossover model, say sources.
JAKARTA (The Jakarta Post/Asia News Network): Indonesia’s manufacturing sector contracted by a smaller degree in August compared with July, as the country remained under strict mobility restrictions (PPKM).
NEW DELHI (The Straits Times/Asia News Network): India is picking up the pace of negotiations on free trade agreements (FTAs) with select countries and groupings, less than two years after opting out of the Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal.
BEIJING (Bloomberg): An influential liberal Chinese economist has warned against excessive government intervention and the erosion of the market economy in the nation’s pursuit of "common prosperity” and more income equality.
HONG KONG (AFP): Most Asian equities extended their impressive run on Thursday (Sept 2) as Covid concerns eased and traders grew more optimistic that the Federal Reserve will continue to provide extensive support for some time, while focus turned to the release of US jobs data at the end of the week.