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POPULAR NEWS
Crude Oil Lower; OPEC Disputes and Virus Cases Weigh

Oil markets slipped Friday as the resurgence of Covid-19 cases, particularly in the U.S., the largest consumer in the world, threatened the recovery of crude demand. At 7:30 AM ET (11:30 GMT), U.S. crude futures traded 1.2% lower at $40.15 a barrel. The international benchmark Brent contract rose 1.3% to $42.58. The U.S. has recorded around a quarter of the almost 11 million cases worldwide, according to data from Johns Hopkins University, and the number is growing rapidly. The U.S....

Dollar Rises as Risk Appetite Tempered by Rising COVID-19 Cases in U.S.

The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging coronavirus cases. The U.S. Labor Department said on Thursday that payrolls surged in June but the reaction in currencies was limited. Even after two months of job recovery from May, the U.S. economy has regained just over a third of an historic plunge of 20.787 million jobs lost in April. Against...

Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose 2.01 percent, or 62.24 points, to 3,152.81 while the Shenzhen Composite Index on China's second exchange rallied 1.28 percent, or 25.84 points, to 2,041.89. Source : AFP

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel group claimed the attack was in retaliation for President Ivan Dugue™s refusal to respect a unilateral cease-fire declared by the leftist group in 2018. Duque on Thursday praised police and prosecutors for arresting those behind the terrorist...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down around 0.9%, with basic resources falling 1.7% to lead losses while travel and leisure shares bucked the downward trend with a 0.1% rise. European markets failed to capture the overnight momentum from Asia Pacific, where stocks advanced after a survey...

Rugby Resumes in Australia After Weeks of COVID-19 Lockdowns
Thursday, 28 May 2020 17:52 WIB | GLOBAL |Global

The first major sporting competition in Australia is restarting Thursday after weeks of COVID-19 lockdown. The National Rugby League (NRL) has adopted strict biosecurity measures and has developed a health check app for players.

Australia's National Rugby League season was suspended on March 23 because of the COVID-19 pandemic. The 16-team competition kicks-off again Thursday with a match in Brisbane.

It is another sign that life in Australia, which has contained the outbreak, is beginning to resemble what it was before the coronavirus crisis.

Clubs and administrators have been eager to re-start the season for financial reasons, while for many fans it is another sweet taste of normality.

Six venues will be used during what officials have described as ''Phase 1'' of the league's resumption.  The stadiums were chosen because they were best equipped to meet biosecurity protocols

Commentator and former player Peter Sterling told Australian television that he is surprised the NRL has been able to resume so quickly.

''I thought that it was the height of optimism that six weeks ago May 28 would be a starting date for us because we knew that there were going to be so many obstacles,'' he said. ''You know, obviously we have done a great job of flattening that curve and getting it down to a stage where we can start to interact. But that was a long way away six weeks ago, so it has been remarkable leadership, and I guess the great thing for our game is the fact we are leading the way.''

Games will initially be played in empty stadiums, but the Australian Medical Association has criticized the league™s plan to have crowds back by July, labeling it ''absurd'' and ''dangerous.''

The Australian Rules Football League, another of the country's dominant professional sports, has said its matches will start again on June 11. There is no definite date for professional soccer matches to resume as the easing lockdown restrictions, including the reopening of schools, cafes, and places of worship, gradually continues.

The men's Twenty20 World Cup cricket competition is due to be held in Australia starting October 18. It is unclear if it will go ahead because of the pandemic.

Australia has had just over 7,100 known cases of COVID-19.  As of Thursday, 103 people had died.

Source : VOA

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POPULAR NEWS
Crude Oil Lower; OPEC Disputes and Virus Cases Weigh

Oil markets slipped Friday as the resurgence of Covid-19 cases, particularly in the U.S., the largest consumer in the world, threatened the recovery of crude demand. At 7:30 AM ET (11:30 GMT), U.S. crude futures traded 1.2% lower at $40.15 a barrel. The international benchmark Brent contract rose 1.3% to $42.58. The U.S. has recorded around a quarter of the almost 11 million cases worldwide, according to data from Johns Hopkins University, and the number is growing rapidly. The U.S....

Dollar Rises as Risk Appetite Tempered by Rising COVID-19 Cases in U.S.

The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging coronavirus cases. The U.S. Labor Department said on Thursday that payrolls surged in June but the reaction in currencies was limited. Even after two months of job recovery from May, the U.S. economy has regained just over a third of an historic plunge of 20.787 million jobs lost in April. Against...

Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose 2.01 percent, or 62.24 points, to 3,152.81 while the Shenzhen Composite Index on China's second exchange rallied 1.28 percent, or 25.84 points, to 2,041.89. Source : AFP

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel group claimed the attack was in retaliation for President Ivan Dugue™s refusal to respect a unilateral cease-fire declared by the leftist group in 2018. Duque on Thursday praised police and prosecutors for arresting those behind the terrorist...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down around 0.9%, with basic resources falling 1.7% to lead losses while travel and leisure shares bucked the downward trend with a 0.1% rise. European markets failed to capture the overnight momentum from Asia Pacific, where stocks advanced after a survey...

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