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WELLINGTON – JAKARTA, IndonesiaIndonesia’s capital partly reopened on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy. Jakarta, home to 11 million people, had been under large-scale social restrictions since April 10. |
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(Bloomberg) -- A would-be hub of Indo-Pacific commerce and global tourist gem, Sri Lanka was already struggling to deliver on grand visions before the coronavirus crisis struck the world economy. The next few months may determine its ability to avert a painful debt restructuring. |
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A man wearing a face mask to help curb the spread of the coronavirus stands as others walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, May 11, 2020. Shares advanced Monday, June 8, 2020 in Asia, buoyed by surprisingly strong U.S. |
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Analysts and economists warn a full recovery for the U.S. economy is still far ahead, with the unemployment rate above 13%, nearly quadruple where it was at the start of the year, and on par with its level during the the Great Depression.
The biggest uncertainty is whether major virus outbreaks will return, leading to further shutdowns. |
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A man wearing a face mask to help curb the spread of the coronavirus stands as others walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, May 11, 2020. Shares advanced Monday, June 8, 2020 in Asia, buoyed by surprisingly strong U.S. |
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BANGKOK -- Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday. Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July to counter the blow to demand from the
U. |
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JAKARTA, Indonesia -- Indonesia’s capital partly reopened on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy. Jakarta, home to 11 million people, had been under large-scale social restrictions since April 10.
also resumed services. |
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— NEW ZEALAND SAYS VIRUS ERADICATED: New Zealand has eradicated the coronavirus from its shores after health officials reported Monday that the final person known to have been infected has recovered. It has been 17 days since the last new case was reported in New Zealand, and Monday also marked the.... |
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Analysts and economists warn a full recovery for the U.S. economy is still far ahead, with the unemployment rate above 13%, nearly quadruple where it was at the start of the year, and on par with its level during the the Great Depression.
The biggest uncertainty is whether major virus outbreaks will return, leading to further shutdowns. |
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Read more...
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Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July to counter the blow to demand from the coronavirus pandemic. U.S. crude for July delivery added 27 cents to $39.82 per barrel in electronic trading on the New York Mercantile Exchange. |
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On Friday, all worship facilities in the world's most populous Muslim-majority country, including mosques, were allowed to reopen at half capacity and with social-distancing requirements in place. Schools are remaining closed during this month's transition phase to the so-called "new normal," while.... |
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JAKARTA, Indonesia (AP) — Indonesia’s capital partly reopened on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy. Jakarta, home to 11 million people, had been under large-scale social restrictions since April 10. |
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BANGKOK (AP) Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday. Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July.... |
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JAKARTA, Indonesia (AP) Indonesia’s capital partly reopened on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy. Jakarta, home to 11 million people, had been under large-scale social restrictions since April 10. |
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Read more...
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Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July to counter the blow to demand from the coronavirus pandemic.
Japan’s Nikkei 225 index rose 0.9% to 23,075.73 as the government reported the economy contracted at a 2. |
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SHANGHAI June 8, 2020 /PRNewswire/ -- Arctech Solar, a leading solar tracking and racking system provider, has been ranked No. 1 PV tracker supplier in Asia Pacific for two consecutive years, according to Wood Mackenzie Power & Renewables. Since entering the Australian market in 2017, Arctech has.... |
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Investors will track central bank moves in the week ahead as the US Federal Reserve announces its rate decision and markets across Asia announce money supply data giving an indication about liquidity and credit conditions in the region. Wall Street now expects no change in the federal funds rate, currently between zero and 0. |
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— NEW ZEALAND SAYS VIRUS ERADICATED: New Zealand has eradicated the coronavirus from its shores after health officials reported Monday that the final person known to have been infected has recovered. It has been 17 days since the last new case was reported in New Zealand, and Monday also marked the.... |
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JAKARTA, Indonesia - Indonesia’s capital partly reopened on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy. Jakarta, home to 11 million people, had been under large-scale social restrictions since April 10. |
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BANGKOK (AP) Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday. Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July.... |
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BANGKOK Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday. Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July to.... |
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JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) - The rupiah's recent rally and capital inflows have been a breath of fresh air against the backdrop of a lackluster domestic economy and increasing numbers of Covid-19 cases. Foreign investors invigorated the domestic capital market, posting net buys in.... |
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KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Tun Dr Mahathir Mohamad has managed to look every inch the prime-minister-in-waiting that his hardcore supporters think he is. He has been turning up for political meetings wearing his trademark bush-suits, looking like the boss and exuding confidence as.... |
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The economic recovery in China, where the coronavirus first emerged, is "going to look very impressive," said Michael Spencer, Deutsche Bank's chief economist and head of research for Asia Pacific. Spencer said improving domestic demand in China is expected to help the economy grow by 5%-6% quarter.... |
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SHANGHAI June 8, 2020 /PRNewswire/ -- Arctech Solar, a leading solar tracking and racking system provider, has been ranked No. 1 PV tracker supplier in Asia Pacific for two consecutive years, according to Wood Mackenzie Power & Renewables. Since entering the Australian market in 2017, Arctech has.... |
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