By Leika Kihara
TOKYO (Reuters) – Solid demand for technology goods drove extended growth in Asia’s factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery from the shattering COVID-19 pandemic blow.
The vaccine rollouts globally and pick-up in demand provided optimism for a vast number of businesses that had grappled for months with a cash-flow crunch and falling profits.
In Japan, manufacturing activity expanded at the fastest pace in over two years while South Korea’s exports rose for a fourth straight month in February, suggesting the region’s export-reliant economies were benefiting from robust global trade.
On the flip side, China’s factory activity expanded at the slowest pace in nine months in February, hit by a domestic flare-up of COVID-19 and soft demand from countries under renewed lock-down measures.
China’s was the first major economy to lead the recovery from the COVID-19 shock, so any signs of prolonged cooling in Asia’s engine of growth will likely be a cause for concern.
With the global rebound still in early days, however, analysts say the outlook was brightening as companies increased output to restock inventory on hopes vaccine rollouts will normalise economic activity.
“The recovery in durable-goods demand is continuing, which is creating a positive cycle for manufacturers in Asia,” said Shigeto Nagai, head of Japan economics as Oxford Economics.
“As vaccine rollouts ease uncertainties over the outlook, capital expenditure will gradually pick up. That will benefit Japan, which is strong in exports of capital goods,” he said.
China’s Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 50.9 in February, the lowest level since last May but still above the 50-mark that separates growth from contraction.
Activity in other Asian giants remained brisk.
The final au Jibun Bank Japan Manufacturing Purchasing Managers’ Index (PMI) jumped to 51.4 in February from the prior month’s 49.8 reading, marking the fastest expansion since December 2018, data showed on Monday.
In South Korea, a regional exports bellwether, shipments jumped 9.5% in February from a year earlier for its fourth straight month of increase on continued growth in memory chip and car sales.
The Philippines, Indonesia and Vietnam also saw manufacturing activity expand in February, a sign the region was gradually recovering from the initial hit of the pandemic.
(Reporting by Leika Kihara; Editing by Shri Navaratnam)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Hundreds of protesters took to the streets of Yerevan to demand the resignation of embattled Armenian PM Nikol Pashinyan and reinstatement of control over disputed Nagorno-Karabakh in a torch-lit march.
The nationalists hit the streets of the Armenian capital on Sunday, marching with lit torches and Armenian flags to folk tunes that blared from a car. As the music paused, protesters chanted “Free and independent Armenian” and “Retake Nagorno-Karabakh” among other slogans. The protesters have also repeatedly called for Pashinyan’s resignation.
The fiery procession, led by the supporters of Sasna Tsrer right-wing party, coincided with a concert, organized by a more moderate part of the opposition, which likewise wants Pashinyan gone.
Pashinyan has been in hot water since November, when he signed an unpopular ceasefire deal with Azerbaijan, under which major parts of the disputed region passed to Azeri control. The PM was branded a “traitor” by political opponents for signing the Russia-brokered agreement. Pashinyan later insisted that it was the army that implored him to sign the deal, citing depleted resources and the lack of replacements. The PM defended the agreement, arguing that it saved ethnic Armenian troops from a complete “collapse.”
The fresh wave of protests against the once popular politician started on Thursday after Armenian military commanders and two former presidents, Robert Kocharyan and Serzh Sargsyan, issued a joint statement, urging Pashinyan to resign.
The call came after the Prime Minister sacked the deputy head of the General Staff, Tigran Khachatryan, who publicly ridiculed his claims that Russian-made Iskander missiles in service with the Armenian armed forces underperformed during the conflict with Azerbaijan. Moscow insists that the state-of-the-art hardware hadn’t been used in Nagorno-Karabakh at all.
Pashinyan then made an attempt to fire the head of the General Staff, Onik Gasparyan, but the motion was blocked by Armenian President Sarkissian as unconstitutional on Saturday.
Thousands of opposition supporters have been protesting in Yerevan this week, erecting barricades and setting up an encampment in the center of the capital. They say that they’ll stay in the streets until Pashinyan’s resignation, with more rallies scheduled for Monday.
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Former Watford, West Ham and Newcastle manager Glenn Roeder has died at age 65 after battling with a brain tumour, the League Manager’s Association has confirmed.
The LMA shared the news on their website on Sunday afternoon, saying, “The LMA is so very deeply saddened following the death of member Glenn Roeder, at the age of 65, after a long battle with a brain tumour.
“Glenn was a highly respected and much-loved member of the coaching fraternity, having managed Gillingham, Watford, West Ham United, Newcastle United and Norwich City, and having served as a coach under Glenn Hoddle for the England national team.”
Meanwhile, LMA Chairman Howard Wilkinson said in a statement, “A cultured defender as a player, he managed with a studious style and was always generous with his time and ideas.
“Glenn was such an unassuming, kind gentleman who demonstrated lifelong dedication to the game. Not one to court headlines, his commitment and application to his work at all levels warrants special mention.
“Football has lost a great servant today and our sincere condolences go to Glenn’s family and friends.”
LMA Chief Executive Richard Bevan said, “Glenn achieved so much throughout his lifelong career in the game.
“After retiring as a player, he became one of the country’s most respected coaches, working across all levels of the professional game, in senior and academy football, and acting as a trusted advisor to many coaches and players.
“At every club, he chose to develop new talent and to give opportunities to the younger players in his charge. He will be sorely missed by all of the LMA’s members and his colleagues from across the game.
“Our heartfelt thoughts are with Glenn’s wife Faith, his daughter Holly, his sons Will and Joe and all of Glenn’s family and friends at this difficult time.”
Roeder enjoyed a 20-year professional career as a player after coming through the academy of Arsenal. He started out with Leyton Orient and enjoyed a five-year spell with the club before spending five years at Queens Park Rangers.
A six-year stint with Newcastle followed for the Woodford-born defender before he moved to Watford. He returned to Leyton Orient in 1992 for a brief spell before seeing out his career with Gillingham, where he became player-manager.
Roeder spent three years as the manager of Watford but was eventually sacked in February 1996 and replaced by Graham Taylor. He worked as Chris Waddle’s assistant at Burnley and as a coach under Glenn Hoddle for the England national team, working at the 1998 World Cup in France.
He went to West Ham first as a coach before he eventually replaced Harry Redknapp as a boss in 2001.
Glenn Roeder worked with the Hammers for two seasons but had to be replaced by Trevor Brooking for the final few games of his last campaign due to a brain tumour, having been named Premier League Manager of the Month in March that year.
He returned to health in order to get back to the dugout but was eventually sacked by West Ham in August 2003.
After almost two years out of the game, he took over at Newcastle where he won the Intertoto Cup and oversaw 72 games at St James’ Park before leaving the Magpies in May 2007.
He then enjoyed two years with Norwich between October 2007 and January 2009 but did not return to permanent management after that, serving in advisory roles for Sheffield Wednesday and Stevenage, whom he left in March 2018.
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this is a complete and gorgeous review which you can say all in one review of SG908 ZLL 2021 brand new model. its filmed at Wardown park Luton United Kingdom. in this view review i will be showing you the flying time of battery which is 3400 milli amps, the horizontal and vertical speed and HD camera review which is 1080p. please note that drone makers says its 4k ultra HD but unfortunately it is not.
the top right screen is a screen recording by iphone and top left screen showing the HD video recorded by drone itself in the SD card. and bottom screen is showing this video recorded by samsung note 20.
as i found the horizontal max speed is 7 meters per second 15.67 miles per hour or 25.20 kilometer per hour. which can be towards any side or forward or back. the vertical speed to gain altitude or ascent speed is 4 meters per second and descent speed from 1 to 2 meters per second.
2. the 3 axis gimbal seems to be working good but video stabiliser has little bit jerk or not stable for professional purpose. the camera makes video which is in front of you on screen. i made this video on different altitudes to give proper information. you may watch it from many angles. its a cloudy day as you can watch this video. the camera is 4k but according to SG908 drone makers but it is making max video size of 1080p. but just bare in your mind that you are getting all these facilities in a budget priced drone. which is not too bad.
3. it can go to its maximum altitude to 120 meters high as the legal flying limit in UK and most of other countries.
4. the remote control range is around 300 to 400 meters in urban areas. but drone makers claims that it has 1.2 kilometers range.
5. SG908 drone hold its altitude nicely in windless conditions.
6. the battery and flight time is really nice. the sg908 drone has slight bigger battery than sg906 pro drone. sg908 drone’s battery gives a flight time of around 27 minutes then the drone lands automatically as low power left in the battery, the full 100% power of drone flight is around 20 minutes. as soon as the battery level gets low then it comes back to its take off point and it still stay in the air but live within the 20 meters of altitude and distance levels. this is for security reasons. because at the low battery level the drone goes to its 50% power. which is very slow. please note that if you are flying in wind then bring your drone close to you within 20 meters of radius because it does not have the power to force the wind. it will fly away if you are flying at 50% of power and in low battery. even GPS will try to bring it back but the power is not enough to come back. so care full here. another good thing is in low battery which is just after 20 minutes of flight. it still flies and controllable but in 50% of power. you can fly it until it lands automatically or until to 0% of battery power. as soon it hits the 0% battery power then drone will show a message on screen that its landing.
i personally like it because of its functions and price tag is low as compare to mid range and high range price tag drones. its more than a toy. the toy drones are which are so basic and costs around from 10 pounds to 70 pounds. the sg908 drone costed me 155 pounds with 2 batteries and a carrier bag. not bad.
please continue watching this video review where you will get more information of this sg908 drone.
Examen complet et approprié du drone SG908 ZLL 2021, batterie + caméra + vol + vitesse + altitude ETC
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Embarrassed by the number of COVID-19 masks they had been able to get to Canadians, Liberal staffers deliberating downplayed a huge gift of face-coverings from South Korea, internal emails show.
Blacklock’s Reporter said Seoul diplomats donated 35,000 masks to elderly Canadian combat veterans of the Korean War but were asked to keep it quiet.
“Appreciate if we can avoid referring to the quality or grade of masks to the extent possible, but given that it’s a donation I suppose we can’t redirect them to where they are sorely needed (hospitals),” wrote Travis Gordon, a senior policy advisor in the health minister’s office.
“We will try to avoid this spinning into a story about how some vets in some long term care homes will get N95s while doctors in hospitals are limited to one per day.”
South Korea’s Ministry of Patriots in 2020 donated a million high-grade masks to foreign veterans worldwide in commemoration of the seventieth anniversary of the outbreak of the Korean War.
A total 35,000 were donated to Canadian veterans “as an expression of deep gratitude for their collective service and sacrifice,” said the Korean Embassy in Ottawa.
“As our two nations did seventy years ago in the war, Korea and Canada shall overcome the Covid-19 crisis together standing side by side,” Ambassador Maeng-ho Shin said at the time.
The masks were distributed through Korean consulates in Vancouver, Toronto and Montréal, and branches of the Korean Veterans Association of Canada.
Records indicate political aides were embarrassed the generous gift underscored domestic mask shortages, and pleaded with Korean diplomats to avoid publicity when they donated the masks at a May 21 embassy ceremony.
“Only fifteen minutes long and no media are invited,” wrote John Embury, director of communications for the Department of Veterans Affairs.
“We will pull the plug on issuing a news release. We have asked them to delay releasing their news release until after the Prime Minister’s news conference, but no guarantee on that.”
“Don’t want to have unnecessary controversy,” emailed Kathleen Davis, senior foreign policy advisor in the Prime Minister’s Office.
Another staffer said the Government of Canada would not even express thanks on social media:
“The Privy Council Office suggested it but we changed our mind.”
“I worry about the optics around the Government of Canada facilitating the distribution of N95s in settings where they are not recommended for use when doctors are pulling all the stops to stretch the existing supply they have,” wrote Sabrina Kim, then-direct of communications for the Prime Minister.
“It still might be awkward.”
The Department of Veterans Affairs this week said Minister Lawrence MacAulay thanked the South Korean Ambassador online, and Deputy Minister Walter Natynczyk attended the brief ceremony in person.
“We did not downplay our gratitude,” said Embury.
Internal memos show federal agencies were chronically short of pandemic supplies but wary of publicizing donations that drew attention to rationing.
The Public Health Agency quietly accepted donations of 30,000 high-grade masks from Home Depot and 50,000 from Suncor Energy Company.
Following a return to north-east Scotland from the South American country, three Scots tested positive for the mutant strain of coronavirus.
All three have been self-isolating since their return to Scotland.
The tests were completed in early February and passed to the UK’s advanced sequencing capabilities programme – which detected this new variant.
Due to the potential concerns around this variant, other passengers on the flight used by the three individuals from London to Aberdeen are being contacted.
These three cases are not connected to three cases also identified in England.
Health protection teams, including local clinicians, have assessed each case and their contacts and are arranging protective measures for this small number of potentially exposed individuals.
To provide an extra layer of safety, teams are ensuring people who could have been infected by these first line contacts are also isolated and tested.
This is to ensure all possible precautions are taken as experts learn more about this particular variant.
Clinical and trial data continues to be assessed to examine how the new variant may respond to current Covid-19 vaccines.
Health Secretary Jeane Freeman said: “The identification of this new variant is a concern but we are taking every possible precaution.
“We have identified these cases thanks to our use of advanced sequencing capabilities which means we are finding more variants and mutations than many other countries and are therefore able to take action quickly.
“This new variant demonstrates how serious Covid is and reinforces the need to minimise the spread of the virus.
“We would encourage everyone across the country to adhere to the necessary public health restrictions by staying at home except for essential purposes as this is the single best way of staying safe and stopping the spread of this virus.
“It is now also illegal for anyone to travel to or from Scotland unless it is for an essential reason.
“The Covid vaccination programme is one of three key ways we are working to beat this virus, along with our expanded testing programme to identify cases and break chains of transmission, and the important lockdown restrictions everyone in Scotland must follow.
“These three strands – following expert advice and guidance to suppress the virus, using our expanded testing programme to identify cases and break chains of transmission and rolling out vaccination as fast as supplies allow – are the three critical actions that will see us move, step by step, to protect the public, save lives and a brighter year ahead.”
The indications are that the Tamil Nadu ruling party was driving a hard bargain in offering up to 21 seats for the BJP in its alliance
Chennai/Karaikal: The seat-sharing alliance talks between senior BJP leader Amit Shah and Edappadi Palaniswami and O. Panneerselvam of the AIADMK began late on Sunday night. Due to meet on Saturday night at a Chennai hotel, Mr Shah’s arrival past midnight as well as his tight schedule on Sunday, involving a meeting with Tamil Nadu BJP leaders and then a whistlestop campaign tour of Karaikal and Villupuram meant that the leaders had to wait till late night to start discussions towards sealing the deal.
The indications are that the Tamil Nadu ruling party was driving a hard bargain in offering up to 21 seats for the BJP in its alliance, retaining the PMK as its major ally. The party has already parted with 23 seats for the PMK and might have to spare a few more for ally DMDK, with whom the talks began on Sunday night at minister P. Thangamani’s house. An announcement on the deal is expected only on Monday.
The BJP, which is focusing on the NDA alliance in Puducherry with N. Rangasamy’s AINRC and the AIAMDK, where pre-poll surveys hint at good prospects, might settle for a smaller share of seats in the bigger Tamil Nadu Assembly. It appears that the Union territory is where the BJP’s best chance of a breakthrough in South India lies.
Having won the 2016 Tamil Nadu polls while going it virtually alone but under the stewardship of the charismatic J. Jayalalithaa, the AIADMK might have been able to convince its allies that reserving a lion’s share of seats for the party alone could increase the chances of the alliance at the polls. But early surveys are tilted towards the DMK-Congress combine.
The DMK-Congress talks are due to begin soon. The DMK is said to have fed the same logic for limiting the Congress to less than 25 seats in the alliance. The Dravidian majors have reasons to view the polls as a straight fight, with concessions to allies granted only for the purpose of keeping old alliances going. The DMK was in talks with its ally IUML on Sunday night.
Meanwhile, while on active campaign mode after leaving Chennai for Karaikal in Puducherry on Sunday morning, Mr Shah took aim at the Congress, lambasting its erstwhile rule in the Union territory. He accused former chief minister V. Narayanasamy of giving “cut money to the Gandhi family” from out of the Rs 15,000 crore Central funds.
The home minister said the Congress government which collapsed after losing its majority had indulged in petty politics over Central schemes meant for the people of Puducherry. Hitting out at Mr Narayanasamy for blaming the BJP for the fall of his government, Mr Shah said many senior leaders were leaving the Congress “because it is collapsing across the country due to dynasty politics”.
During his speech, Mr Shah had time to aim his barbs at his pet target Rahul Gandhi. Mr Shah took an elaborate swipe at him, mocking him for saying there was no “dedicated” fisheries ministry at the Centre, pointing out that Prime Minister Narendra Modi had set one up two years ago.
“Rahul Gandhi said a few days ago here: ‘Why has the Modi government not created a separate department for fishermen?’ Narendra Modiji has already worked to form a separate ministry for fishermen… Rahul bhaiyya … you were on leave, so you are not aware,” Mr Shah said, to rub it into the former Congress president.
The “you were on leave” swipe was aimed at Rahul Gandhi’s frequent foreign trips abroad, which give endless ammunition to the BJP. “I want to ask the people of Puducherry… the party whose leader has been in the Lok Sabha for four terms … does not know that the fisheries department started in the country two years ago. Can that party take care of the welfare of Puducherry?” he wondered.