Oil prices gained momentum Tuesday after the US government trimmed its production forecasts for 2020 and 2021. 

SYDNEY/HONG KONG (Reuters) - Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.

SINGAPORE (Reuters) - The dollar rose to a two-week high against major peers on Tuesday, propelled by rising U.S. bond yields and increasing safe-haven demand amid growing fears about a second wave of coronavirus infections, which sent riskier currencies lower.

MELBOURNE (Reuters) - Oil futures climbed in early trade on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market that has grown as the coronavirus pandemic crushed fuel demand.

KUALA LUMPUR, May 8 — Motor vehicles sales dipped 15.3 per cent or RM1.9 billion for March of this year compared to the same period in 2019, according to recent data released by the Department of Statistics Malaysia today.

SHANGHAI (Reuters) -- China's monthly auto sales rose for the first time in almost two years as the country eased virus-related curbs and reopened for business, but the annual number will likely be slashed by up to 25% if the pandemic continues, an industry body cautioned.