SINGAPORE (Reuters) - Oil prices edged up in early Asian trade on Monday, recouping some losses from the previous session as hopes that OPEC+ will continue to curb output offset concerns of weaker fuel demand amid rising COVID-19 cases and higher production from Libya.
BEIJING (Reuters) - China’s factory output rose faster-than-expected in October and retail sales sped up, as the recovery in the world’s second-largest economy from its COVID-19 slump gathered momentum.
TOKYO (Reuters) - Japan’s economy grew at the fastest pace on record in the third quarter, rebounding sharply from its biggest postwar slump, as improved exports and consumption helped the country emerge from the damage caused by the coronavirus pandemic.
BEIJING, - China will speed up the spending of special funds allocated to local governments to help support the economy, vice finance minister Xu Hongcai said on Thursday.
TOKYO (Reuters) - Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to an accelerating rise in COVID-19 infections, but remained on track for a second straight weekly gain, helped by vaccine hopes.
SHANGHAI (Reuters) - Asian shares eked out gains on Friday and U.S. stock futures turned higher after U.S. president-elect Joe Biden was projected to win the battleground state of Arizona, cementing his win for the office.
