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SYDNEY: World financial markets stalled on Friday as news U.S. Treasury was ending emergency loans programmes dealt a blow to economic recovery hopes just as California announced curfews to try and fight surging coronavirus infections.
BANGKOK, Aug 2 (The Nation Thailand/ANN): The falling economy has bottomed out, but unemployment remains a serious concern, said the Bank of Thailand (BOT).
MEXICO CITY, July 24 (Xinhua) -- Economic activity in Mexico contracted 22.7 percent in May, its worst performance since the 1990s, due to the impact of novel coronavirus pandemic, according to official figures released on Friday.
SINGAPORE: Singapore’s retail sales plunged in May by the most since records began in 1986, signalling the economic hit from lockdown restrictions could be worse than earlier anticipated.
TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
WASHINGTON: The U.S. economy created jobs at a record clip in June as more restaurants and bars reopened, but 31.5 million Americans were collecting unemployment checks in the middle of the month, and a resurgence in COVID-19 cases suggested the labor market could suffer a setback in July.
With the public locked out, stuffed animals are riding this rollercoaster every day.