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In Singapore, for the first time in 10 months, a decline in industrial production was recorded in September, finversia.ru writes, citing official data. In the manufacturing industry, the volume of production declined by 0.2% over the year compared with a growth of 3.7% in the previous month. Experts did not expect a decline. According to their forecasts, an increase of 3.5% was expected. Compared to August, industrial production, seasonally adjusted, decreased by 4.9%, which was the worst indicator since February 2017. Excluding output in the biomedical field, the annual rate rose by 1.9%, and monthly – decreased by 2.4%. Most industries showed a decline in September. The growth of output was observed only in transport engineering, fine and precise mechanics.
On Monday, Remington Arms Co. filed for bankruptcy protection for the second time since 2018 as the U.S. firearms manufacturer faced financial difficulties due to gun sales restrictions. According to the court filing, the company filed for ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
KYC Policy