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SYDNEY (Reuters) - Australia posted its lowest one-day rise in new COVID-19 cases in more than three weeks on Thursday, stoking hopes that a second wave of new infections gripping Victoria state is finally being brought under control.
WASHINGTON, Aug. 12 (Xinhua) -- Limited or inconsistent efforts by U.S. states to contain the COVID-19 pandemic will likely prolong the economic recession, a senior U.S. Fed official said on Wednesday.
WASHINGTON, Aug. 12 (Xinhua) -- U.S. consumer prices jumped in July, but weak demand and the lapse in enhanced unemployment benefits will keep inflation under control, economists said.
CHINA, Aug 12 (China Daily/ANN) - A newly-launched report by market consultancy Gartner Inc said China leads the world in 5G development and is expected to contribute 49.4 percent of 5G investment globally this year.
BENGALURU: Gold fell below the $1,900 per ounce level on Wednesday as a resurgent dollar prompted investors to reassess their positions after a record-breaking price rally.
PETALING JAYA: Malaysian Islamic banks are expected to remain resilient amid the coronavirus (Covid-19) fallout, underpinned by heavy concentration on retail financing, according to Moody’s Investors Service.
Roundup: Iraq reports highest daily COVID-19 infections as Turkey announces economic recovery from outbreak
CAIRO, Aug. 10 (Xinhua) -- Iraq confirmed on Monday 3,484 new COVID-19 infections, the highest daily increase since the outbreak of the deadly disease in the country. Meanwhile Turkish President Recep Tayyip Erdogan announced his country's ongoing economic recovery from the pandemic.
SYDNEY (Reuters) - Australia recorded its biggest one-day rise in COVID-19 deaths on Monday although a slowdown in new cases gave hope that a second wave of new infections in the state of Victoria may have peaked.