BANGKOK (Reuters) - Thailand’s economy contracted at its sharpest pace in 22 years in the second quarter, but by less than expected, as the coronavirus outbreak battered tourism, exports and domestic activity.
SINGAPORE (Reuters) - The U.S. dollar began Monday where it left off last week, caught between pressure from worries about the lagging U.S. economic recovery and support from rising U.S. bond yields and safe-harbour demand.
SYDNEY (Reuters) - Asian shares dozed near recent highs in quiet trade on Monday as investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend, and maybe take some pressure off the beleaguered dollar.
SINGAPORE (Reuters) - Oil prices climbed higher on Monday, lifted by China’s plans to ship in large volumes of U.S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies.
SINGAPORE (Reuters) - The dollar steadied on Friday as a jump in U.S. bond yields and a drag on sentiment from lacklustre Chinese economic data put the brakes on a selldown of the world’s reserve currency.
TOKYO (Reuters) - Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide.
