A gong stands at the Hong Kong Exchanges & Clearing Ltd. Connect Hall in Hong Kong,on June 10 2020. Picture: Billy H.C. Kwok/Bloomberg
North Korea rejected a South Korea offer to send special envoys and vowed to send back troops to the border. The hope for recovery had been bolstered by data showing US retail sales jumped by a record 17.7% in May, recovering more than half the losses of the previous two months, though industrial output still lagged.
“But questions about the extent of lasting damage will have to wait for a number of months before being resolved.” Yet the virus continues to spread as infections hit record highs in six US states, and Beijing struggled to contain a fresh outbreak in the Chinese capital.
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