BEIJING (Reuters) - China’s economy is likely to return to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers stepped up stimulus to combat the shock from the coronavirus crisis.
TOKYO (Reuters) - The euro rose to a four-month high against the dollar on Wednesday on hopes European Union leaders may agree on stimulus and deepening fiscal integration to shield the economy from the pandemic.
Production of natural rubber decreased 39.2 per cent in May 2020
SYDNEY (Reuters) - Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the United States, while the euro rose to a four-month high on the prospect of stimulus ahead of a crucial EU summit.
SEOUL (Reuters) - Oil prices rose on Wednesday after a sharp drop in U.S. crude inventories, with the market waiting for more direction from a meeting later in the day on the future level of production by OPEC and its allies.
SINGAPORE (Reuters) - Singapore’s trade-reliant economy plunged into recession in the second quarter with a record contraction, signaling a rough first half globally and an equally challenging outlook as the coronavirus crisis exacts a heavy toll on business and demand.
