In Asia, an official business survey from China over the weekend showed its factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery. — Reuters pic
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.2 per cent, as did Japan’s Nikkei. Protesters have flooded streets after weeks of lockdowns during the coronavirus pandemic that threw millions out of work and hit minority communities especially hard. “Current unemployment numbers go far beyond what has been experienced in any post-war recession,” wrote Barclays economist Christian Keller in a note.
Bond investors suspect economies will need massive amounts of central bank support long after they reopen and that is keeping yields super low even as governments borrow much more. Early today, the dollar was a fraction softer on a basket of peers at 98.223 having touched an 11-week low of 97.944 on Friday. It was steady on the yen at 107.76.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia markets rally on virus hopes, Trump’s Hong Kong action | Malay MailHONG KONG, June 1 — Hong Kong led an Asia-wide market rally today as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of virus lockdowns continued to provide support. However, violent anti-racism protests across... A slap on the face of those fascist democracies
Source: malaymail - 🏆 1. / 86 Read more »
Johns Hopkins: US records 1,225 coronavirus deaths in 24 hours | Malay MailWASHINGON, May 30 ― The United States recorded 1,225 coronavirus deaths yesterday, bringing its total to 102,798 since the global pandemic began, according to a tally kept by Johns Hopkins University. The country has officially logged 1,745,606 overall cases of the virus, far more than any other... Thank Fidiot1
Source: malaymail - 🏆 1. / 86 Read more »
EU urges US to reconsider decision to cut ties with World Health Organisation | Malay MailBRUSSELS, May 30 — The European Union urged the United States today to reconsider its decision to cut ties with the World Health Organisation over its handling of the coronavirus pandemic. “In the face of this global threat, now is the time for enhanced cooperation and common solutions. Actions...
Source: malaymail - 🏆 1. / 86 Read more »
France, Britain, Germany ‘regret’ US end to Iran nuclear waivers | Malay MailPARIS, May 30 — France, Germany and Britain today criticised a US decision to end sanctions waivers allowing work on Iranian nuclear sites designed to prevent weapons development. “We deeply regret the US decision to end the three waivers,” the three European countries said in a joint...
Source: malaymail - 🏆 1. / 86 Read more »
US attorney general blames protest violence on ‘far-left extremists’ | Malay MailWASHINGTON, May 31 — US Attorney General Bill Barr said yesterday that far-left extremists and anarchists were behind the violent protests against policy brutality in more than a dozen cities, and warned federal law enforcement could take action against them. While local leaders in hard-hit... .realDonaldTrump u mean d centre and right wings condone bullying n murder of minorities? Then what about those inhumane Hong Kong rioting protesters abetted by the USA N UK
Source: malaymail - 🏆 1. / 86 Read more »
Johns Hopkins: US records 960 coronavirus deaths in 24 hours | Malay MailWASHINGTON, May 31 — The United States recorded 960 coronavirus deaths yesterday, bringing its total to 103,758 since the global pandemic began, according to a tally kept by Johns Hopkins University. The country has officially logged 1,769,776 cases of the virus, far more than any other nation,... This sounds so scary. I hope we can overcome this as soon as possible. We all deserve a good and healthy life. May god be with us.
Source: malaymail - 🏆 1. / 86 Read more »