TOKYO (Reuters) - The dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive risk taking.
A private gauge of China's manufacturing activity rose to a six-month high in June, boosted by increased domestic demand despite weakening new export orders.
SEOUL (Reuters) - South Korean exports slumped more than expected in June, extending the double-digit contraction into a third month, as the coronavirus pandemic and lockdown measures continued to dent global demand.
BEIJING (Reuters) - China’s factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures, but the health crisis continues to weigh on exports and jobs, a private business survey showed on Wednesday.
NEW YORK (Reuters) - Asian stocks were set for a bumpy start to the second half of the year on Wednesday as optimism about a global economic recovery from the pandemic jousted with signs in the United States the health crisis may not yet be past its peak.
TOKYO (Reuters) - Japan’s factory activity shrank for a 14th straight month in June on sharp reductions in output and new orders, pointing to a heavy hit to demand from the coronavirus pandemic, a business survey showed on Wednesday.
