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LONDON/TOKYO/WASHINGTON: A slump in global manufacturing showed signs of easing in June as a rebound in Chinese and U.S. activity offered some hope the world's two largest economies may have passed the worst of the devastation caused by the novel coronavirus pandemic, while the collapse in European factory activity abated.
NEW YORK:Oil prices rose more than 1% on Wednesday following a drawdown in U.S. crude inventories from record highs and a string of positive manufacturing data, but a surge in coronavirus cases tempered gains.
CAIRO (Reuters) - Egypt restarted international flights and reopened major tourist attractions including the Great Pyramids of Giza on Wednesday after over three months of closure due to the coronavirus pandemic.
UBER Technologies Inc needs to act fast to buttress its food-delivery business. It now has a second chance and shouldn’t blow it
PETALING JAYA: Even though Cahya Mata Sarawak Bhd’s (CMS) core net profit for the first quarter (Q1) fell by more than half, analysts believe the company should be a key catalyst for the state’s infrastructure spending.
SINGAPORE: Singapore home prices fell the most in three years in the second quarter as a city-wide shutdown to contain the coronavirus put the brakes on the property market.
(Reuters) - Myanmar state media on Wednesday announced Nov. 8 as the date for a parliamentary election set to serve as a test of the country’s first democratic government in half a century.
South Korean smartphone users’ connection to 5G network services is far lower than expected, with 5G users only able to use the fastest network 15% of the time, a report showed on June 30, Yonhap News Agency reported.
TOKYO (AP): Asian shares were mostly higher Wednesday (July 1) after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic.