SYDNEY / NEW YORK (Reuters) – Asian stocks hovered near four-month highs on Thursday in hopes of a vaccine for COVID-19, while copper prices jumped to a more than six-month spike due to a better global perspective and supply fears in the main producer Chile. FILE PHOTO: An SGX sign …
Read More »US Coronavirus Cases Increase by Nearly 50,000 in Largest Day-Long Pandemic Peak
(Reuters) – New cases of COVID-19 in the United States increased by nearly 50,000 on Wednesday, according to a Reuters count, marking the largest one-day increase since the start of the pandemic. A large mask hangs from a lion statue outside the main branch of the New York Public Library …
Read More »US regulator Boeing completes 737 MAX certification test flights
WASHINGTON (Reuters) – The Federal Aviation Administration and Boeing Co (PROHIBITION) have completed certification test flights on the 737 MAX, a key milestone for the plane’s return to service, the US regulator said on Wednesday. The MAX has been grounded since March 2019 after two fatal accidents in five months …
Read More »Asian stocks rise on vaccine hopes, eyes on US payrolls
SYDNEY / NEW YORK (Reuters) – Asian stocks posted a spike on Wall Street on Thursday, although sentiment was cautious ahead of US employment data. FILE PHOTO: An SGX sign is displayed on the Singapore Stock Exchange on July 19, 2017. REUTERS / Edgar Su MSCI’s broader index of Asia …
Read More »Record US job growth expected in June, but hides weak job market
WASHINGTON (Reuters) – The U.S. economy likely created jobs at a record pace in June as more restaurants and bars resumed operations, offering further evidence that the COVID-19 recession is likely to have ended, albeit a surge. in coronavirus cases it threatens incipient recovery. FILE PHOTO: People line up outside …
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