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Global Economy: Pandemic throws Asia's services firms, factories into deeper decline

Updated : April 23, 2020 09:28 AM IST

The International Monetary Fund said last week Asia's economic growth this year will grind to a halt for the first time in 60 years as the health crisis takes an "unprecedented" toll on the region's service sector.
Asia's economic woes, seen in flash purchasing managers' indexes on Thursday, are likely to be echoed in other parts of the world.
Global Economy: Pandemic throws Asia's services firms, factories into deeper decline

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