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SINGAPORE: Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets.
BEIJING (Reuters): China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country’s coronavirus lockdown as the global spread of the virus chokes off international demand.
Penda Kande usually pays for taxis in cash, but since coronavirus hit Senegal, the 30-year-old nurse has switched to mobile money to avoid contamination.
SINGAPORE: Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world's largest economy ahead of another likely record week of jobless claims.
MELBOURNE: U.S. crude oil futures opened 5% higher on Thursday, reversing Wednesday's losses, despite growing concerns about a looming economic depression due to the coronavirus pandemic.
SINGAPORE: Crude oil futures surged on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets.
PETALING JAYA: A complete standstill in loan growth in the next few months as a result of a disruption by the movement control order (MCO) amid the outbreak of Covid-19 is expected for local lenders.
TOKYO: Prime Minister Shinzo Abe now has a record stimulus plan to help Japan’s households and businesses survive the coronavirus pandemic. History suggests there will be even more to come.
WASHINGTON: President Donald Trump said the United States would meet with Saudi Arabia and Russia with the goal of staunching an historic plunge in oil prices.
BEIRUT (Reuters) - The Lebanese paramilitary group Hezbollah is marshalling its deep resources in the fight against coronavirus, using a corps of volunteers, doctors and facilities to carve out a prominent role in the crisis-riven state's response.