Stay updated with breaking news from வேகத்தை சைபர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BEIJING China reported record year-over-year growth of 18.3% in the first three months of 2021. But the more telling figure might be the economy’s 0.6% expansion compared with the quarter before a historically sluggish pace that suggests momentum is slowing, one year into China’s coronavirus recovery. In the 12 months since its unofficial reopening authorities lifted the lockdown of Wuhan, the original center of the coronavirus, on April 8 last year the world’s second-largest economy has defied expectations. For much of 2020, the export sector led the way, with China’s factories churning out great volumes of medical protective equipment and work-from-home computer gear for a world in lockdown. And as authorities stamped out the virus at home, consumers began, gradually, to spend again. The result was full-year gross domestic product growth of 2.3%, making China the only major economy in the world to expand in a pandemic-scarred 2020. ....
The benchmark index kicked off the second quarter yesterday on a positive note, adding 9.13 points or 0.58% to 1,582.64 points. This was also partially due to a technical rebound from Wednesday’s oversold position that saw the FBM KLCI tanking 35.68 points after holding on to the 1,600-point region for about a month. PETALING JAYA: Bank Negara’s stance that Malaysia’s economy will rebound from the second quarter has sparked much confidence in the market as investors seek new catalysts. It was a much needed assurance by the regulator, as the FBM KLCI has only traded sideways with a decline of 1.24% year-to-date (y-t-d) due to factors such as the reimposition of the movement control order (MCO) in January that piled on the uncertainties over an economic recovery. ....
Intent data leader Cyance announces new funding round to build on growth momentum LONDON, April 1, 2021 /PRNewswire/ Cyance, the leading provider of global, third-party intent data, today announced it has secured a new round of additional funding from existing investors - including Blackfinch Ventures and Nexus Investments - in the amount of £860,000. The funding follows a period of significant growth for the startup company with revenues increasing by 18% and customer value rising by 30% in the past year, in spite of the pandemic. The company will leverage the funding to continue to grow its internal team, which has already doubled in size over the last 12 months. It will also be used to accelerate the company s enterprise customer acquisition strategy as it exploits its key strength in the European market. Further investment into the continuous innovation of both Cyance intent data and ABM platform will be a key focus as the business seeks to build in ....