USA

Trump says Intel does not endorse report on Russian rewards against US troops

President Trump said Sunday night that US intelligence was unable to confirm an explosive story that Russian military officials offered rewards to Taliban-linked militants for killing US troops in Afghanistan. The New York Times, citing unidentified officials, reported Friday that some “Islamist militants” or “criminal elements” are believed to have …

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Oil refining helps China’s industrial earnings recover in May

China’s industrial gains recovered in May, signaling a shift in the fortunes of sectors such as oil refining following the devastation caused by the coronavirus blockade earlier in the year. Profits from large-scale industrial companies rose 6 percent yoy in May, after declining 4.3 percent in April, marking the first …

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Asian stocks cautious as coronavirus threatens economic reopening

SYDNEY (Reuters) – Asian equity markets started the week cautiously on Monday when the relentless spread of the coronavirus finally caused investors to question its optimism in the global economy, benefiting safe harbor bonds and the US dollar. FILE PHOTO: A man wearing a protective face mask, after the outbreak …

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