International News
US manufacturing growth resumes in June, IHS Markit says
US services and manufacturing continued to improve last month even as some states reversed or paused previous decisions to reopen their economies, the results of two closely-followed surveys showed.
Goldman Sachs to cough up $3.9bn to Malaysia in legal settlement
Goldman Sachs reached a $3. 9bn settlement with the Malaysian government over a 2018 scandal involving the 1MDB fund.
Trump cancels Florida rally as US coronavirus cases reach 4m
US president Donald Trump announced on Thursday the cancellation of the Republican nominating convention in Florida as US coronavirus cases surpassed the 4. 0m mark.
US pre-open: Futures point to losses amid flare-up in US-Sino tensions
Wall Street futures had stocks opening lower on Friday as global Covid-19 cases surpassed 15. 5m amid a flare-up in US-Sino tensions.
Asia report: Markets finish weaker as geopolitical tensions worsen
Markets in Asia finished in the red on Friday, with bourses in China extending their losses significantly, as tensions between Washington and Beijing worsened further.
China orders US to close Chengdu consulate
China’s Foreign Ministry announced Friday that it is revoking the license for the US consulate in Chengdu.
Eurozone business activity back in expansion mode as lockdowns ease
Business activity in the eurozone returned to growth in July as governments eased lockdown restrictions, according to preliminary figures released on Friday.