SINGAPORE (Reuters) - The dollar nursed broad losses on Thursday and riskier currencies held gains as investors looked to a bright recovery from the COVID-19 pandemic, shrugging off diabolical forecasts and rising Sino-U.S. tension.

WASHINGTON (Reuters) - Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support.

TOKYO (Reuters) - Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains.

Tokyo Commodity Exchange (TOCOM) futures rose for a second day, closing at a two-month high, as they tracked Shanghai prices, with market sentiment holding firm after a decline in coronavirus cases in China.

Trader anxiety has earned a reprieve, with oil markets dodging one of many bullets after a key U.S. benchmark oil futures contract avoided a repeat of the April fiasco that saw oil futures land in negative territory.

A recyclable rubber material made from waste has been developed by a team of researchers spearheaded in South Australia.