Japan’s Nov exports drop 0.9%, with 2.5% in auto and 3.5% in electronics. Manufacturers predict 6.0% Dec rise but fear 7.2% Jan decline, hinting at uncertainty. Global downturn, rising prices, and Toyota’s Daihatsu halt pose challenges; Nov retail sales up 5.3%, a positive. Japan, known for its export-driven economy, is grappling with a setback as … Read more
The Federal Reserve said Tuesday that US industrial output increased in April, owing to the ongoing expansion of auto manufacturing. According to the data, total industrial production grew 1.1 percent in April, the fourth straight monthly increase — and double what analysts expected — while motor vehicle output increased 3.9 percent. US industry, including automakers, … Read more
China’s economy grew 4.8percent within the first zone, the National Bureau of Statistics said Monday, warning of “giant demanding situations” beforehand as a resurgence of the coronavirus threatens Beijing’s bold annual goal. The international’s 2d-biggest economy was already losing steam within the latter half of the remaining 12 months with a property droop and regulatory … Read more
ISLAMABAD: The All Pakistan CNG Association (APCNGA) has said that allowing the private sector to import gas will ensure continued supply of cheap gas and may help the country escape the commodity crisis in the upcoming winters, a statement quoted an official, as saying, on Thursday. APCNGA Group Leader Ghiyas Paracha lauded the efforts of Special … Read more
