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Hund & Katz Pet Fair in Germany

By Saha on May 27, 2022

The Hund & Katz, in Dortmund, Germany, has become a fascinating dog and cat hub offering products and goods for the pets at fair prices. The family-friendly public exhibition is a good experience for the entire family.

 

Pet dealers and breeders offer the latest dog and cat related goods; associations and clubs give you helpful information on topics such as nutrition, looking after, and training animals. Visitors will be able to get consultations from vets. The 3-day animal exhibition is held from May 27 to 29, 2022. The annually-held fair runs from daily from 10 am to 6 pm. Hygiene rules and infection protection measures should be observed by visitors. To enter the fair, apart from a ticket, you need a valid rabies vaccination, which will be checked at the entrance.

 

The animal show, organized by Westfalenhallen Unternehmensgruppe GmbH, features breed presentations, sales booths offering quality products for your pets, along with hands-on activities.

To find further details over the pets’ trade fair visit the site.

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Singapore's Air Travel Recovery

By Saha on May 27, 2022

Singapore’s air travel is in the status of recovery, having reached about the levels before the pandemic, although there are border restrictions imposed by China, said Transport Minister S. Iswaran. Passenger transport in China is important for Singapore’s travel industry, according to him. Data from the local tourism board shows that about 3.6 million Chinese people visited Singapore in 2019, which equals 13% of the total visitors.

The trend continued over the health crisis and China was the top country on the travelers’ list.

However, this might change following diffusing border measures in other countries. Only 5,000 Chinese visitors visited Singapore in the month of April, which accounts for less than 2% of total arrivals.

China’s restrictions are still in place and visitors to China have to go through Covid-19 tests and be quarantined.

At the World Economic Forum, Iswaran told CNBC on Wednesday that nonetheless, travel will possibly develop.

He said “We’ve seen a significant rebound in air travel coming through Singapore, in the space of less than two months from mid-March to mid-May”.

According to him, air travel in Singapore has seen a more than double growth to over 40% of the pre-Covid period. It is expected that this momentum will keep going, he added.  

Inoculated visitors from selected countries were permitted to visit the country without any quarantine as of September 2021. The island city-state has removed Covid tests for vaccinated visitors, easing domestic Covid restrictions.

About 92% of Singapore’s residents have been vaccinated, with 76% who have received booster doses.

 

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India Boosts Its Independence in Medicines

By Saha on May 26, 2022

India’s independence in producing pharmaceuticals is gaining momentum.

For the ending year 2021, total amount of pharmaceuticals imports reached 2.98 billion in India. The exports of the country in 2021 totaled $16.2 billion.

Last week, the claim by the Union Ministry of India about a 25% drop in its imports of raw materials to make pharmaceuticals as the country’s medicines manufacturing has advanced.

The southeast Asian country has, for a few years, imported some ingredients from Italy and the United States to boost medicine production in the country.

In 2021, India’s import value summed up to $140.71 million, the amount in the same period in the current year is roughly $138.94 million. The import of ingredients for pharmaceutical purposes has reduced 1.26% this year. The country is enthusiastically boosting its pharmaceuticals’ manufacturing and required ingredients to stop being reliant on imports from other countries.

 

Last year, India’s ingredients imports included Salicylic Acid, Chlorogenic Acid, Sodium Methoxide, Ammonia Solution, Sulfanilic Acid, and Succinic Acid.

Sodium Methoxide tops the list with an import value of $272 million followed by Chlorogenic Acid and Sulfanilic Acid (valued at $126 million and $92.2 million respectively).

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Jumbled Asian Stocks After Fed’s Rate Hike Expectations

By Saha on May 26, 2022

Stock markets in Asia saw a mix on Thursday following the minutes from the Federal Reserve's recent meeting which has expected more interest rate rise.

In Hong Kong and Sydney, benchmarks saw a decline; however, Tokyo, Shanghai and Seoul faced a jump. Oil prices increased as well. Economic activities will be held down as a result.

Interest rate surge in the U.S. and other western countries has concerned investors. They are also upset over the negative impacts from the Russian attack and a fast slowdown in the Chinese economy.  

The report from the Federal Reserve on Wednesday indicated 0.5-percentage-point hikes supported by board members. The majority of board members in this month meeting approved that 0.5-percentage-point rise to the benchmark short-term rate of Federal would probably be convenient. 

In a report, however, no bigger rise was mentioned, according to Anderson Alves of ActivTrades. 

Tokyo’s Nikkei 225 grew below 0.1% to 26,689.00 but the Shanghai Composite Index jumped 0.4% to 3,111.17. Hong Kong’s Hang Seng Index dropped 0.6% to 20,053.50.

The Korea Composite Stock Price Index or KOSPI rose 0.5% to 2,630.34, Sydney's S&P-ASX 200 declined 0.4% to 7,126.20, and indexes of New Zealand and Singapore saw a jump. Bangkok SET Index went down, though.

The benchmark S&P 500 index, on Wall Street, increased 0.9% to 3,978.73. The Dow Jones Industrial Average rose 0.6% to 32,120.28. The Nasdaq Composite jumped 1.5% to 11,434.74.

Energy market wise, benchmark U.S. crude oil increased 58 cents to $110.91 a barrel in electronics business on the New York Mercantile Exchange (NYMEX). In the previous meeting, it increased to $110.33.

In London, Brent crude rose to 44 cents to $111.56 per barrel. In the previous session, Brent crude boosted 47 cents the previous session to $114.13 per barrel.

As for currencies, the dollar approached to 127.36 yen (from 127.32 yen) and the euro advanced to $1.0698 (from $1.0688).

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