Search results for "covid-19"

Dollar Pauses for Breath as China GDP Beats Estimates

The dollar slipped on Tuesday after a sharp rise overnight as strong U.S. economic data reinforced expectations that the Federal Reserve will hike interest rates in May, while China’s economic recovery gathered pace in the first quarter. The dollar index, which measures the currency against six major rivals, eased 0.078% to 102.01, after rising 0.5% […]

China’s Exports Rise Unexpectedly, but Economists Warn of Weakness Ahead

China’s exports unexpectedly surged in March, with officials flagging rising demand for electric vehicles, but analysts cautioned the improvement partly reflects suppliers catching up with unfulfilled orders after last year’s COVID-19 disruptions. Exports in March shot up 14.8% from a year ago, snapping five straight months of declines and stunning economists who predicted a 7.0% […]

Apple in Talks With Suppliers to Make Macbooks in Thailand - Nikkei

Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongoing efforts to expand its manufacturing presence beyond China, Nikkei reported on Thursday. Suppliers who are participating in these talks have existing manufacturing complexes in Thailand for other clients, and are discussing possible assembly and production of components […]