BEIJING (Reuters) - Profits at China’s industrial firms rose for a second straight month and at the fastest pace in over a year, adding to signs the country’s economic recovery from the coronavirus crisis is gaining momentum.

BEIJING (Reuters) - Profits at China’s industrial firms in June rose 11.5% year-on-year to 666.55 billion yuan ($95.27 billion), the statistics bureau said on Monday, adding to signs the country’s economic recovery is gaining momentum.

SINGAPORE (Reuters) - The dollar began the week under pressure from all corners as intensifying Sino-U.S. tensions added to worries that the coronavirus resurgence in United States could undermine the recovery in the world’s biggest economy.

SINGAPORE (Reuters) - Oil prices edged down on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.

TOKYO (Reuters) - U.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world’s two largest economies.

SYDNEY (Reuters) - Asian shares slipped from six-month peaks on Friday as Sino-U.S. tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record high.