The Association of Planters of Kerala has come out against the Rubber Board proposal to set up an e-auction platform for trading natural rubber, saying that the existing system provides fair prices for the commodity and maximum benefit to growers.

SHANGHAI (Reuters) - China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase as the world’s biggest vehicle market recovers from lows hit during coronavirus lockdowns.

NEW YORK (Reuters) - Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of reopening economies.

TOKYO (Reuters) - Oil prices slid early on Friday, extending heavy overnight losses on a surge in U.S. coronavirus cases this week that has raised the prospect of a second wave of the outbreak slamming demand in the world’s biggest consumer of crude and fuel.

SYDNEY (Reuters) - Asian shares eased on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery.

SINGAPORE (Reuters) - The dollar steadied against riskier currencies and the safe-haven yen hit a one-month high on Thursday, as the U.S. Federal Reserve’s dour economic outlook spooked investors.