BEIJING (Reuters) - China’s exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday.
SINGAPORE (Reuters) - Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July, after Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months as optimism about demand recovery cooled amid the coronavirus pandemic.
SYDNEY (Reuters) - Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.
TOKYO (Reuters) - The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank’s meeting on Thursday.
SINGAPORE (Reuters) - Oil prices slipped on Friday, on track for a weekly loss, as investors’ focus shifted to lacklustre demand and ample fuel supplies, offsetting support from a weak dollar.
SINGAPORE/NEW YORK (Reuters) - Asia’s stock markets slipped on Friday, following the steepest Wall Street selloff since June, while safer bonds and the dollar found support as investors sought shelter.
