SAN FRANCISCO (Reuters) – As the United States prepares for presidential, congressional and local elections in November, the country’s economy is also on a roller coaster. FILE PHOTO: Information signs are seen at the Destiny USA shopping center during the reopening, as restrictions on coronavirus disease (COVID-19) are eased in …
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SINGAPORE (Reuters) – Singapore’s trade-dependent economy fell into recession in the second quarter with a record contraction, signaling a global first semester globally and an equally challenging outlook as the coronavirus crisis comes at a high cost in business and demand. Gross Domestic Product (GDP) fell a record 41.2% in …
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BEIJING (Reuters) – China’s imports in June rose for the first time since the coronavirus crisis paralyzed the economy this year as demand for commodities increased as a result of government stimulus, while exports also increased by a a sign that the recovery is gaining ground. FILE PHOTO: Cranes and …
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BEIJING (Reuters) – China’s exports rose unexpectedly in June when foreign economies reopened after the blockades, while imports grew for the first time this year, reinforcing views that the recovery from the pandemic is winning Land in the second largest economy in the world. FILE PHOTO: Cranes and containers are …
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FILE PHOTO: An employee routinely sanitizes server trays at a reopened restaurant after restrictions to prevent the spread of coronavirus disease (COVID-19) are eased in Bloomfield Hills, Michigan, USA, 8 of June 2020. REUTERS / Emily Elconin / File Photo WASHINGTON (Reuters) – Activity in the US service industry rebounded …
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