SINGAPORE, Nov 16 (Reuters) - Oil rebounded from a weak start on Tuesday as worries over tight inventories underpinned prices, although optimism was limited by fears over demand following a pickup in COVID-19 cases in Europe.
GENEVA (Reuters) - Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic as production and supply disruptions and cooling demand for imports dampen growth, the World Trade Organization said on Monday.
Investing.com – Oil was up Tuesday morning in Asia, but the rising number of COVID-19 cases in Europe is raising fuel demand concerns. The U.S. is also contemplating releasing crude reserves and increasing supply to curb soaring gasoline prices.
TOKYO, Nov 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda expects consumer inflation to accelerate to around 1% in the first half of next year as the economy recovers to pre-coronavirus levels, voicing hope for a consumption-driven recovery.
SYDNEY, Nov 15 (Reuters) - Asian shares edged cautiously higher on Monday as U.S. stock futures made early gains, though investors were wary of bearish surprises in a batch of Chinese economic data due out later.
BEIJING, Nov 15 (Reuters) - China's industrial output grew at a surprisingly faster pace in October, despite fresh curbs to control COVID-19 outbreaks and supply shortages that have threatened to undercut the recovery in the world's second-largest economy.
