BEIJING (Reuters) - China’s exports likely posted a fourth straight month of gains in September as more trading partners reopened their economies, a Reuters poll showed, while imports are also expected to have edged back into growth.
TOKYO (Reuters) - The dollar inched up in early Monday trade as riskier currencies slipped after negotiation on a U.S. stimulus package ran into resistance and as the yuan dropped after China’s central bank took a measure seen as aimed at curbing its strength.
SINGAPORE (Reuters) - Chinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world’s no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan’s gains.
KUALA LUMPUR, Oct 12 (Reuters) - Malaysia’s industrial production index in August rose 0.3% from a year earlier, the second straight month of positive growth although at a slower pace compared to July, government data showed on Monday.
SINGAPORE (Reuters) - Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.
A European economic research report expects China to be the only major economy to report positive growth in 2020, while the global economy is predicted to contract by 4.4 percent, signaling a steady recovery for the world's second-largest economy in the post-pandemic era.
