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Factory survey shows manufacturing down across South-East Asia
KUALA LUMPUR/SINGAPORE, Aug 4 (dpa): South-East Asia's factory output slumped in July for a fifth consecutive month, according to the IHS Markit Purchasing Managers' Index published on Tuesday.
ADB provides US$1.5bil loan to support Thailand's Covid-19 response
MANILA, Aug. 4 (Xinhua): The Asian Development Bank (ADB) on Tuesday said it is providing a US$1.5 billion loan to support the Thai government's response to the Covid-19 pandemic.
Thailand: Business sentiments improving since May; quarantined Russian test positive for Covid-19
BANGKOK, Aug 4 (The Nation Thailand/ANN): In July, the Business Sentiment Index (BSI) had risen for three consecutive months to 42.9 in almost all sectors, with the exception of electrical appliances.
Fraser & Neave 3Q net profit at RM93.84m
KUALA LUMPUR: Fraser & Neave Holdings Bhd's (FNH) net profit fell by 18.3% to RM93.84mil in the third quarter ended June 30,2020 as revenue was impacted by the Covid-19 pandemic and movement control orders (MCO).
Robots running the industrial world are open to cyber attacks
Some robots have flaws that could make them vulnerable to advanced hackers, who could steal data or alter a robot’s movements remotely, like a scene out of science fiction.
Apple rebuffs US$1.4bil patent lawsuit filed by Chinese artificial intelligence company
Shanghai Zhizhen Intelligent Network Technology has been locked in a legal battle with Apple over the Siri voice assistant system since 2012. The Chinese AI company claims Apple has infringed a patent it owns, but Apple says Siri does not contain features included in the patent.
South-East Asia: Philippines, Indonesia recover on upbeat US data; Thai baht firms
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.
Oil slips as rise in coronavirus cases overshadows fuel demand recovery
MELBOURNE/SINGAPORE, Aug 4 (Reuters): Oil prices eased on Tuesday amid concerns that a fresh wave of Covid-19 infections around the world will see a pickup in fuel demand stalling amid tighter lockdowns - just as major producers ramp up output.
Asian shares extend rally after S&P 500 nears record
SINGAPORE, Aug 4 (Reuters): Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.
World shares hit five-month high; European shares, dollar falter
LONDON: European shares fell after opening higher, following a mixed bag of earnings results, while the dollar's rebound stalled as investors waited for progress in talks on government aid in the United States.
