With security forces having seized control of economic and financial policy at a time of shrinking GDP and skyrocketing inflation, Zimbabwe is facing its worst crisis in more than a decade.
Consumption in China remains relatively robust even though June retail sales data showed they missed expectations, says Tai Hui, Asia chief market strategist at JPMorgan Asset Management.
Macquarie's foreign exchange strategist says the currency can sometimes weaken around political events in the U.S., like the 2011 debt crisis or 2016 election.
White House coronavirus advisor Dr. Anthony Fauci urged young Americans to not take the coronavirus lightly, saying doing so could propagate the pandemic.
Daimler said on Thursday it will stop building Mercedes-Benz sedans in the United States and Mexico as part of cost-cutting measures to streamline production.
As of Friday morning Singapore time, Thailand's SET Composite index, Singapore's Straits Times' Index, the Jakarta Composite index as well as the Philippines' PSI Composite Index are still down more than 14% each for the year, according to data from Refinitiv Eikon.
Southeast Asian nations will likely benefit from China's economic rebound as the country commands a "lion's share" of the region's exports, Wellian Wiranto of OCBC Bank said.
The bank, Europe's largest, downgraded China stocks from "overweight" to "neutral," and India stocks from "neutral" to "underweight" in a report dated July 8.
The discussions center on whether to deny visas to tens of millions of Chinese in what would be one of Washington's toughest actions yet in a widening feud with Beijing that some have likened to a new Cold War.
The CDC added that it remains concerned about a number of elements of the companies' return-to-sailing plans, including failing to close self-serve buffets, gyms and salons.
U.S. Attorney General William Barr blasted American tech giants Google, Microsoft, Yahoo, Apple and Cisco as well as Hollywood for being "all too willing to collaborate with the Chinese Communist Party."