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BusinessReutersChina's industrial profit growth slows as factory-gate deflation weighs
Profits at China's industrial firms rose for a fifth straight month in September, but at a slower pace as factory-gate deflation and rising raw materials costs undercut a recovery in the manufacturing sector. Profits at Chinese industrial firms in September rose 10.1% year-on-year to 646.43 billion yuan ($96.34 billion), National Bureau of Statistics (NBS) data showed on Tuesday. Zhu Hong, a senior statistician at the NBS, attributed the slower growth in September to deepening declines in factory-gate prices, rising losses from asset depreciation and increasing raw material costs for auto and electronics sectors.
BusinessSingSaver6 Alternative Investments To Diversify Your Portfolio
The COVID-19 pandemic and resulting economic crisis are stark reminders that a diversified portfolio is key for growth If there is one mantra that all investors should follow, it has to be ‘diversify thy portfolio’. For one, you’re safeguarding your investments against events like the […]The post 6 Alternative Investments To Diversify Your Portfolio appeared first on SingSaver Blog - We Compare, You Save.
BusinessSingSaverPOSB Personal Loan Review: Personalised Interest Rates And Instant Approval
A loan offering that recognises and rewards good credit habits. Every Singaporean and PR would be all too familiar with POSB, and most of us grew up with it as the ‘standard issue’ bank account. One good thing about this is that you’ll see a […]The post POSB Personal Loan Review: Personalised Interest Rates And Instant Approval appeared first on SingSaver Blog - We Compare, You Save.
