BANGKOK, Sept. 5 (Xinhua) -- The Rubber Authority of Thailand (RAOT) on Saturday released a report indicating a 3-year high in rubber sales thanks to the COVID-19 pandemic.
TIANJIN, China (Reuters) - China’s auto industry will likely maintain steady revenues and profits this year despite slight declines in production and vehicle sales, a government official said on Saturday, as the world’s biggest car market recovers from the impact of COVID-19.
BEIJING (Reuters) - China’s exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday.
SINGAPORE (Reuters) - Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July, after Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months as optimism about demand recovery cooled amid the coronavirus pandemic.
SYDNEY (Reuters) - Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.
TOKYO (Reuters) - The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank’s meeting on Thursday.
