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Singapore manufacturing jumps as economic revival rolls on

Singapore's economy is recovering steadily from pandemic-related lockdowns, according to a February survey of around 400 factory managers in the wealthy city-state. ....

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GONE: $125m wiped from Rotorua GDP as businesses pivot for future

Gone: $125m wiped from Rotorua GDP as businesses pivot for future
5 Mar, 2021 07:00 PM
6 minutes to read
Hard times continue for Rotorua as it continues to suffer from the loss of international tourists. Photo / Getty Images
Hard times continue for Rotorua as it continues to suffer from the loss of international tourists. Photo / Getty Images
Rotorua s soaring house market has not sheltered the city from a stiff economic decline as tourism continues to struggle and $125 million is shaved off the district s GDP.
But business leaders say despite the knocks
other primary industries are performing well and companies had pivoted to make the most of every opportunity. ....

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Stocks soar as PM seen passing political litmus

Stocks soar as PM seen passing political litmus
Business
March 6, 2021
Stocks managed a mighty rally on Friday mostly on bets the premier is set to ace his critical political test on Saturday, dealers said.
KSE-100 shares index gained 1.23 percent or 558.81 points to close at 45,837.35 points at Pakistan Stock Exchange (PSX), while traded volume and value stood at 316 million shares and Rs15.9 billion respectively.
Topline Securities in its daily market review said stocks rebounded on last trading day of the week on expectations that Prime minister Imran Khan was well-positioned to win the vote of confidence from National Assembly after Senate vote upset, where governmentâs candidate Hafeez Shaikh lost to opposition candidate Yousuf Raza Gilani. ....

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High-priced tech stocks sink further into bear territory

High-priced tech stocks sink further into bear territory
6 Mar, 2021 07:00 PM
5 minutes to read
Some of the most popular tech stocks have struggled recently. Photo / Getty Images
Financial Times
By: Michael Mackenzie and Eric Platt
Some of the hottest technology stocks and funds of recent months have fallen into bear market territory and investors are betting on more turmoil to come, as rising bond yields undermine the case for holding
high-priced shares.
A Friday afternoon stock market rally notably failed to include shares in Tesla and exchange-traded funds run by Cathie Wood, the fund manager who has become one of the electric carmaker s most vocal backers. ....

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Report finds crack in Raunti peak area, says rising temperature could be cause of rock collapse

It was further said that during the time frame of September and October 2016, an avalanche had deposited ice in the valley below. This had resulted in the destabilization of the rock. ....

Photo Credit , புகைப்படம் கடன் , வெப்ப நிலை ,