TOKYO (Reuters) - Asian shares and U.S. stock futures fell on Thursday, weighed down by concern about deteriorating U.S.-China relations and the economic cost of a resurgence in coronavirus infections that is prompting some governments to reimpose containment measures.
BEIJING (Reuters) - China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery.
SINGAPORE (Reuters) - The dollar nursed losses on Thursday and riskier currencies found support on signs of progress in developing a coronavirus vaccine, even as the virus itself continues to spread and investors fret over simmering Sino-U.S. tensions.
TOKYO (Reuters) - Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a bigger-than-expected drawdown from the country’s crude stocks.
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.
