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BENGALURU: Investors stacked up bullish bets on most Asian currencies, a fortnightly Reuters poll found on Thursday, as worries the coronavirus pandemic is hobbling a nascent recovery in the U.S. economy clouded the dollar's outlook.
KUALA LUMPUR: Stocks to watch on Thursday include Datasonic Group Bhd, Watta Holding Bhd, MMAG Holdings Bhd, UMW Holdings Bhd, KLCCP Stapled Group and Pasdec Holdings Bhd, according to JF Apex Research.
JAKARTA: Indonesia’s economy contracted for the first time since the aftermath of the Asian Financial Crisis more than two decades ago, as movement restrictions to contain the coronavirus outbreak took a toll on South-East Asia’s largest economy.
BENGALURU: India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining measures to stop the spread of the coronavirus hurt business activity and led to record job cuts, a survey showed.
HONG KONG (Xinhua): A private survey showed Wednesday (Aug 5) that the business activity contracted further in Hong Kong as the worsening Covid-19 epidemic weighed on business confidence.
BEIJING: Growth in China's services sector slowed in July from a decade high the previous month, as new export business fell and job losses continued, an industry survey showed on Wednesday, pointing to cracks in the sector's post Covid-19 recovery.
JAKARTA/MANILA Aug 4 (Reuters): Share markets in Indonesia and the Philippines recovered more than 1% on Tuesday after sharp falls a day earlier, as strong US manufacturing data lifted investor spirits globally, offsetting worries over surging coronavirus cases at home.
WASHINGTON, Aug. 3 (Xinhua) -- Economic activity in the U.S. manufacturing sector expanded in July amid a resurgence in new COVID-19 infections, the Institute for Supply Management (ISM) reported Monday.