NATION

India resumes purchases of Malaysian palm oil

Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said. Read more at:https://economictimes.indiatimes.com/news/economy/foreign-trade/india-resumes-purchases-of-malaysian-palm-oil-traders/articleshow/75821854.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst (0)

INDIA

Worst seems over for India’s formal job market, staffing firm says

India’s unemployment rate has probably peaked with large companies looking to restart hiring as the economy gradually exits the world’s biggest lock-down says the head of a top staffing firm. Read more at:http://timesofindia.indiatimes.com/articleshow/75839942.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst (0)

CORPORATE

VMware, Partners Accelerates Enterprise Mobility to Enable Business Continuity

VMware, a leading innovator in enterprise software, has mobilized its partner ecosystem across Asia Pacific and Japan to help customers connect, accelerate, scale and protect their organizational assets as they work through business and societal disruption. With unprecedented number of people now working remotely, VMware has teamed up with its partners to accelerate enterprise mobility […]

CHINA

China’s industrial profits drop 4.3% in April, slower pace than March

Profits of China’s industrial firms above designated scale contracted in April but at a slower pace than last month, with more than half of the sectors seeing growth, suggesting domestic production is being gradually resumed amid the COVID-19 pandemic. China’s industrial firms earned 478.14 billion yuan ($66.95 billion) in April, down 4.3 percent on a […]

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