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WELLINGTON: New Zealand fell into its deepest economic slump on record in the second quarter as its battle against the coronavirus pandemic paralysed business activity, official data showed.
The e-commerce giant’s New Manufacturing pilot, Xunxi Digital Factory, is powered by technologies such as process and cost planning, automated in-house logistics and its own manufacturing operating system. Xunxi, which means fast rhino, has initially offered its cloud-based manufacturing supply chain to small firms in China’s apparel industry.
SINGAPORE (The Straits Times/ANN): Growth in Singapore’s non-oil domestic exports (Nodx) picked up last month, with shipments increasing 7.7 per cent year on year, mainly driven by non-electronic goods, according to data from Enterprise Singapore (ESG) on Thursday (Sept 17).
HONG KONG (AFP): Asian markets mostly dropped Thursday (Sept 17) following a broadly negative lead from Wall Street after the head of the Federal Reserve warned of an "uncertain" outlook for the US economy and stressed the need for fresh stimulus.
WELLINGTON: New Zealand fell into its deepest economic slump on record in the second quarter as its battle against the coronavirus pandemic paralysed business activity, official data showed on Thursday.
BUENOS AIRES (Reuters) - When the coronavirus pandemic hit Argentina, painter Gonzalo Esquivel could not know it marked the beginning of a personal crisis that would eventually see him living on a vacant piece of land with thousands of others evicted from their home.
BEIJING, Sept. 16 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) in its latest report published on Wednesday revised up its forecast for global economic output in 2020 to a contraction of 4.5 percent, which was less negative than what had been expected in June.
PENANG has begun a handicraft training programme for women, especially single mothers and the poor, to arm them with useful skills so that they can make a living.
Weak global demand, shipments to US drag down exports
HONG KONG (AFP): Asian stocks edged up Wednesday (Sept 16) but investors trod a cautious path following a broadly positive start to the week, with focus on the outcome of the Federal Reserve's latest policy meeting.