WELLINGTON -- Lower export prices for New Zealand dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, the statistics department Stats NZ said on Wednesday.
Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever level in June 2020. This is the third largest fall in export prices since the series began. Import prices fell 3.7 percent, resulting in a terms of trade fall of 4.7 percent, according to Stats NZ. (NZ-Export-Drop)
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SYDNEY -- Australia experienced its hottest spring on record with a mean temperature 2.03 degrees Celsius above the average, the country's Bureau of Meteorology (BoM) revealed on Tuesday.
A large number of outback stations observed record high November daily maximum temperatures on the 28th, 29th and 30th. (Australia-Hottest Spring)
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SEOUL -- South Korea reported 511 more cases of COVID-19 as of 0:00 a.m. Wednesday local time compared to 24 hours ago, raising the total number of infections to 35,163.
The daily caseload rose above 500 in four days, growing in triple digits for 25 days running owing to small cluster infections in Seoul and its surrounding Gyeonggi province as well as imported cases. (S.Korea-COVID-19) Enditem
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