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World

Trump says coronavirus under control as U.S. death toll rises

WASHINGTON (Reuters) - President Donald Trump said the coronavirus outbreak is as under control as it can get in the United States, where more than 155,000 people have died amid a patchy response to the public health crisis that has failed to stem a rise in cases.

World

Tourist numbers plummet in Spain in June

MADRID, Aug. 3 (Xinhua) -- The health crisis caused by the COVID-19 led to a massive fall in the number of foreign tourists visiting Spain in June, according to the data published by the Spanish Statistical Office (INE) on Monday.

Investment

Investors rethink ‘60/40’ as low bond yields test portfolios

NEW YORK: The staple US portfolio of 60% equities and 40% fixed income proved resilient this year, but strategists are now considering alternatives to government debt after some bond yields reached historic lows.

Indonesia

Activists: Virus crisis eroding women’s rights

THE ongoing Covid-19 outbreak in Indonesia continues to disproportionately affect women, exacerbating gender inequalities already present in the country, women’s rights activists say.

Economy

China factory activity expands at fastest pace in nearly a decade

BEIJING: China’s factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak, a private business survey showed.