TOKYO, July 21 (Reuters) - Japan's exports jumped in June led by U.S. demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world's third-largest economy.
SYDNEY, July 19 (Reuters) - Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases.
SINGAPORE (Reuters) - The dollar sat near its highest levels in months on Monday as the spread of the Delta coronavirus variant made investors nervous about the global recovery and sent money into safety.
TOKYO, July 19 (Reuters) - Oil prices fell more than $1 a barrel on Monday, after the OPEC+ group of producers overcame internal divisions and agreed to boost output, sparking some concerns about a crude surplus as COVID-19 infections continue to rise in many countries.
The World Bank has revised upward its projection for the global economy for 2021 from 4.0% in January 2021 to 5.6% in its recent release, Global Economics Prospects. The improved projection is mainly driven by the recovery observed in major economies. The world is still facing difficulty in balancing between the need to support the recovery while safeguarding the fiscal sustainability.
WASHINGTON, July 15 (Reuters) - Output at U.S. factories unexpectedly fell in June as motor vehicle production dropped amid an unrelenting global semiconductor shortage.
