SYDNEY (Reuters) – Asian stocks plunged back to recent peaks on Monday as Chinese markets swung higher, while investors waited to see if recent sales in longer-dated U.S. treasuries would expand and perhaps take some pressure off the beleagured dollar. A man with a protective face mask, following the outbreak …
Read More »Australian Prime Minister apologizes for cruise ship failures after COVID-19 spike
SYDNEY (Reuters) – Australia’s leader in the state of New South Wales on Monday apologized for not stopping people carrying the new coronavirus from marching off a cruise ship in Sydney in March. t what was at the time that Australia was its worst outbreak. FILE PHOTO: A medical worker …
Read More »Asian stocks are moving forward, led by gains from China
SYDNEY (Reuters) – Asian stocks rose on Monday after recent peaks as Chinese markets swung higher, while investors waited to see if recent sales in longer-dated U.S. treasuries would expand and perhaps take some pressure off the beleagured dollar. A man with a protective face mask, following the outbreak of …
Read More »The COVID-19 outbreak of New Zealand is growing because Australian cases are easier
MELBOURNE (Reuters) – A new outbreak of coronavirus in New Zealand is still growing, health officials said on Sunday, with the country having an early triumph over the pandemic recording 13 new cases and the general election of September in question. After the virus contaminated earlier this year before it …
Read More »Japanese economy shrinks at record pace as pandemic hits spending
TOKYO (Reuters) – Japan was hit by its biggest economic contraction on record in the second quarter when the coronavirus pandemic burned businesses and consumer spending, keeping policymakers under pressure for bold action to prevent the recession from escalating. FILE PHOTO: People cross a street in a business district in …
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