The Rubber Authority of Thailand estimates that rubber prices could soon reach Bt100 per kg, significantly above the government’s guaranteed price, after many rubber producing nations reeled under floods while demand from China jumped due to the country's local governments promoting the use of small vehicles.
TOKYO (Reuters) - The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked investor fears that fresh lockdowns would further hit the already fragile economic recovery.
SINGAPORE/MELBOURNE (Reuters) - Oil prices on Thursday recovered slightly from a 5% slump in the previous session, gaining support from the prospect of tighter short-term supply with two-thirds of U.S. output shut in the Gulf of Mexico as Hurricane Zeta slammed Louisiana.
SINGAPORE (Reuters) - Asia’s stock markets fell on Thursday, but without the panic selling seen in Europe and the United States, while U.S. futures jumped as investors tried to get a grip on fears that fresh lockdowns could derail a recovery from the COVID-19 pandemic.
BEIJING (Reuters) - China’s economy is expected to grow at its weakest pace in over four decades even as it steadily recovers from a coronavirus-induced dive earlier this year, but overall output could rebound sharply in 2021, a Reuters poll showed.
TOKYO (Reuters) - Global shares slipped on Wednesday as coronavirus infections grew at an alarming pace in the United States and Europe, while uncertainty over next week’s U.S. elections added to a “risk off” tone.
