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Coronavirus: Australia records deadliest day but fewer new infections
Coronavirus: Australia records deadliest day but fewer new infections

An outbreak in Victoria has seen over 100 deaths in the past week, but new infections may be slowing.

Japan
Japan's legacy of forced labor haunts ties with neighbors

For years, Yeom Chan-soon was haunted by the cracking sound of a leather belt eating into the flesh of a fellow Korean mine worker being punished for trying to escape from forced labor in Japan. The companies, among the biggest names in Japan Inc., such as Mitsubishi and Mitsui, say such issues were settled by a treaty decades ago. Critics say Japan has failed to fully reckon with those wrongs that date back to the late 1890s and lasted through the colonization of the Korean peninsula, until the end of World War II in 1945.

China
China's factory deflation slows in July as recovery gains strength

China's factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world's second-largest economy. The producer price index (PPI) fell 2.4% from a year earlier in July, the National Bureau of Statistics (NBS) said in a statement, compared with a 2.5% decline tipped in a Reuters poll of analysts and a 3.0% drop in June. Analysts say China's industrial output is steadily returning to levels seen before the pandemic paralysed huge swathes of the economy, as pent-up demand, government stimulus and surprisingly resilient exports propel a recovery.

U.S. Attorney General Barr says the left wants to tear down system
U.S. Attorney General Barr says the left wants to tear down system
  • US
  • 2020-08-10 02:12:00Z

Barr also told a Fox News TV host he was worried that an increase in mail-in voting could lead to a contested presidential election in November, sounding in on an issue often raised by U.S. President Donald Trump. In an interview with conservative pundit Mark Levin, Barr said Democrats had pulled away from classic liberal values and now were akin to the "Rousseauian Revolutionary Party" aimed at destroying the institutions upon which the country was built.

Hyundai expects new family of Ioniq vehicles to drive global EV sales
Hyundai expects new family of Ioniq vehicles to drive global EV sales

Hyundai said the elevation of Ioniq from an individual vehicle nameplate to a brand will help support its goal of capturing 10% of global EV sales in 2025. With electric vehicles still struggling to gain traction in most major markets, Hyundai's main competitors will likely include traditional automakers Volkswagen AG and General Motors Co, both of which have announced plans to build and sell a million or more electric vehicles a year by 2025. California-based Tesla Inc, which makes only electric vehicles, aims to retain its current position as the world's EV leader.

Fed
Fed's Evans says another coronavirus aid package 'incredibly important' - interview

The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday. Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control. "I think that public confidence is really important and another support package is really incredibly important," Evans said on CBS's Face the Nation program.

Hyundai Motor shares rise as much as 10% on Ioniq EV plan
Hyundai Motor shares rise as much as 10% on Ioniq EV plan

Hyundai Motor Co stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker by 2025. In an announcement earlier on Monday, Hyundai said the elevation of Ioniq from individual vehicle nameplate to a brand will support its goal of capturing 10% of global EV sales within five years. Hyundai shares reached as much as to 162,000 won ($136.47) in a broader KOSPI market that was up 0.4% at 0122 GMT.

VIETNAM : VITADAIRY CAMPAIGN "PROTECT DOCTORS 24H" PHOTO TOOK THE INTERNET BY STORM
VIETNAM : VITADAIRY CAMPAIGN "PROTECT DOCTORS 24H" PHOTO TOOK THE INTERNET BY STORM

VIETNAM : VITADAIRY CAMPAIGN "PROTECT DOCTORS 24H" PHOTO TOOK THE INTERNET BY STORMPR NewswireHO CHI MINH CITY, Vietnam, Aug. 9, 2020HO CHI MINH CITY, Vietnam, Aug.

TPIsoftware and Taishin
TPIsoftware and Taishin's API Management Platform awarded with Global Finance's "The Innovators 2020 Cash Management" award

TAIPEI, Aug. 9, 2020 /CNW/ -- Leading Taiwanese digital banking software provider TPIsoftware collaborated with Taishin International Bank to create an API management platform using TPIsoftware's own APIM module.

Australian PM extends lead as country
Australian PM extends lead as country's most preferred leader, poll shows

Australian Prime Minister Scott Morrison has extended his lead as the country's most preferred leader, a poll showed on Monday, boosted by his government's coronavirus wage subsidy scheme and efforts to contain the spread of the pandemic. A Newspoll conducted for The Australian newspaper showed Morrison enjoyed the best approval rating over an opposition leader in more than five years. Morrison's popularity fell over his handling of bush fires late last year but he has improved his standing with his response to the pandemic, as the country battles a new wave of infections in Victoria state.

BP
BP's green energy targets will be tough to meet

BP will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world's largest renewable power generators. European oil firms are under pressure from activists, banks, investors and some governments to shift away from fossil fuels and are trying to find business models that offer higher margins than the mere production of renewable energy would generate. Last week, BP followed Eni in committing to cut its oil production over the coming decade and set a bigger target for reductions than the Italian company.

Fuelled by Volvo, China
Fuelled by Volvo, China's Geely seeks launchpad to enter auto giant orbit

TAIZHOU, China/SHANGHAI (Reuters) - Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant. The yet-to-be-finalised plans for Proton are just one strand of a Geely project to revamp factories at home and abroad using joint platforms it has been perfecting with Volvo since 2013. Geely bought the Swedish brand 10 years ago for $1.8 billion (1.4 billion pounds) - a deal that raised its international profile and sent shockwaves through the global auto trade.

China
China's factory deflation slows in July as recovery gains strength

China's factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world's second-largest economy. The producer price index (PPI) fell 2.4% from a year earlier in July, the National Bureau of Statistics (NBS) said in a statement, compared with a 2.5% decline tipped in a Reuters poll of analysts and a 3.0% drop in June. Analysts say China's industrial output is steadily returning to levels seen before the pandemic paralysed huge swathes of the economy, as pent-up demand, government stimulus and surprisingly resilient exports propel a recovery.

Asian shares on backfoot as focus shifts to U.S. stimulus, China tensions
Asian shares on backfoot as focus shifts to U.S. stimulus, China tensions

Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House and Democrat lawmakers broke down. Trading was expected to be light with Japanese and Singaporean markets closed for public holidays. Also weighing on sentiment is uncertainty over U.S. fiscal stimulus after President Donald Trump signed a series of executive orders to extend unemployment benefits after talks with Congress broke down.

Hong Kong media mogul Jimmy Lai arrested under security law
Hong Kong media mogul Jimmy Lai arrested under security law

Hong Kong media mogul Jimmy Lai, one of the city's most vocal Beijing critics, was arrested Monday under a new national security law for colluding with foreign forces, deepening a crackdown on democracy supporters. A police source speaking on condition of anonymity told AFP Lai was arrested for colluding with foreign forces -- one of the new national security offences -- and fraud. Lai owns the Apple Daily newspaper and Next Magazine, two outlets unapologetically pro-democracy and critical of Beijing.

Is Strandline Resources Limited (ASX:STA) Expensive For A Reason? A Look At Its Intrinsic Value
Is Strandline Resources Limited (ASX:STA) Expensive For A Reason? A Look At Its Intrinsic Value

In this article we are going to estimate the intrinsic value of Strandline Resources Limited (ASX:STA) by taking the...

Strandline Resources Limited (ASX:STA) Shares Could Be 30% Above Their Intrinsic Value Estimate
Strandline Resources Limited (ASX:STA) Shares Could Be 30% Above Their Intrinsic Value Estimate

How far off is Strandline Resources Limited (ASX:STA) from its intrinsic value? Using the most recent financial data...

Asian shares on backfoot as focus shifts to U.S. stimulus, China tensions
Asian shares on backfoot as focus shifts to U.S. stimulus, China tensions

Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House and Democrat lawmakers broke down. Trading was expected to be light with Japanese and Singaporean markets closed for public holidays. Also weighing on sentiment is uncertainty over U.S. fiscal stimulus after President Donald Trump signed a series of executive orders to extend unemployment benefits after talks with Congress broke down.

Abandoned mall department stores may become Amazon's next fulfillment centers
Abandoned mall department stores may become Amazon's next fulfillment centers

One of the largest owners of shopping mall real estate in the United Stages, Simon Property Group, has been talking to Amazon about transforming its anchor department stores into Amazon distribution hubs, according to the Wall Street Journal. In the case of Simon Property, the anchor tenants like J.C. Penney and Sears that used to be stable sources of revenue are now weights around the neck of the retail real estate manager, and transforming their ghostly halls of pale mannequins into warehouses for Amazon orders simply makes sense.

Boris Johnson plans to set new targets for police in a bid to improve record-low rape prosecutions
Boris Johnson plans to set new targets for police in a bid to improve record-low rape prosecutions
  • US
  • 2020-08-10 00:40:48Z

Boris Johnson has been warned that imposing targets on police and prosecutors to improve record-low rape prosecutions will not solve the problem alone. The Prime Minister's crime and justice taskforce is considering setting targets for police to refer more strong cases to the Crown Prosecution Service (CPS), according to the Guardian. Targets to prosecute and bring more cases to trial were also reported to be planned for the CPS, with the detail set for to be announced later this year. No 10 did not deny the report, and a Government spokeswoman said: "We will continue to work with the police to look at ways to improve their role in the investigation and prosecution of rape, and...

Hyundai Motor shares rise as much as 10% on Ioniq EV plan
Hyundai Motor shares rise as much as 10% on Ioniq EV plan

Hyundai Motor Co stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker by 2025. In an announcement earlier on Monday, Hyundai said the elevation of Ioniq from individual vehicle nameplate to a brand will support its goal of capturing 10% of global EV sales within five years. Hyundai shares reached as much as to 162,000 won ($136.47) in a broader KOSPI market that was up 0.4% at 0122 GMT.

Estimating The Intrinsic Value Of OM Holdings Limited (ASX:OMH)
Estimating The Intrinsic Value Of OM Holdings Limited (ASX:OMH)

In this article we are going to estimate the intrinsic value of OM Holdings Limited (ASX:OMH) by taking the expected...

A Look At The Fair Value Of OM Holdings Limited (ASX:OMH)
A Look At The Fair Value Of OM Holdings Limited (ASX:OMH)

Does the August share price for OM Holdings Limited (ASX:OMH) reflect what it's really worth? Today, we will estimate...

Oil prices back on the rise on U.S. stimulus hopes, Iraq output cut
Oil prices back on the rise on U.S. stimulus hopes, Iraq output cut

Oil prices climbed in early trade on Monday, clawing back over half of Friday's losses, on hopes for a stimulus deal to shore up the U.S. economic recovery and a pledge from Iraq to deepen its crude oil supply cuts. Hopes grew on Sunday that a stand-off would end between U.S. Democrats and the White House on a new support package for cash-strapped U.S. states hit by the coronavirus pandemic. U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both said they were willing to restart talks on a deal to cover the rest of 2020.

Corporate Statement
Corporate Statement

VANCOUVER, Canada, Aug. 9, 2020 /CNW/ -- GreenPower Motor Company Inc.

Corporate Statement
Corporate Statement

VANCOUVER, Canada, Aug. 9, 2020 /PRNewswire/ -- GreenPower Motor Company Inc.

Damaged ship leaking oil off Mauritius could split: PM
Damaged ship leaking oil off Mauritius could split: PM

A ship that ran aground off Mauritius leaking tonnes of oil into the ocean is cracking, the prime minister said Sunday, threatening an even greater ecological and economic disaster for the island nation. More than 1,000 tonnes of fuel has seeped from the bulk carrier MV Wakashio into the azure sea off southeast Mauritius, befouling the coral reefs, white-sand beaches and pristine lagoons that lure tourists from around the globe. Experts warn a further rupture could unleash a spill that will be beyond catastrophic for the fragile coastal ecosystem upon which Mauritius, and its economy, relies.

Australian PM extends lead as country
Australian PM extends lead as country's most preferred leader, poll shows

Australian Prime Minister Scott Morrison has extended his lead as the country's most preferred leader, a poll showed on Monday, boosted by his government's coronavirus wage subsidy scheme and efforts to contain the spread of the pandemic. A Newspoll conducted for The Australian newspaper showed Morrison enjoyed the best approval rating over an opposition leader in more than five years. Morrison's popularity fell over his handling of bush fires late last year but he has improved his standing with his response to the pandemic, as the country battles a new wave of infections in Victoria state.

What Kind Of Shareholders Own NEXTDC Limited (ASX:NXT)?
What Kind Of Shareholders Own NEXTDC Limited (ASX:NXT)?

The big shareholder groups in NEXTDC Limited (ASX:NXT) have power over the company. Large companies usually have...

What You Need To Know About NEXTDC Limited
What You Need To Know About NEXTDC Limited's (ASX:NXT) Investor Composition

A look at the shareholders of NEXTDC Limited (ASX:NXT) can tell us which group is most powerful. Institutions will...

Fuelled by Volvo, China
Fuelled by Volvo, China's Geely seeks launchpad to enter auto giant orbit

TAIZHOU, China/SHANGHAI (Reuters) - Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant. The yet-to-be-finalised plans for Proton are just one strand of a Geely project to revamp factories at home and abroad using joint platforms it has been perfecting with Volvo since 2013. Geely bought the Swedish brand 10 years ago for $1.8 billion - a deal that raised its international profile and sent shockwaves through the global auto trade.

'They're not equivalent': Pelosi says Russian election interference more serious than that of China, Iran

Pelosi and other Democrats have called for information about Russia's effort to "denigrate" Joe Biden to be declassified ahead of the 2020 election.

Fed
Fed's Evans says another coronavirus aid package 'incredibly important': interview
  • US
  • 2020-08-09 23:40:44Z

The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday. Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control. "I think that public confidence is really important and another support package is really incredibly important," Evans said on CBS's Face the Nation program.

Trump WeChat ban
Trump WeChat ban 'an unwelcome signal' for Chinese community

For China's global community, the app provides a vital means of staying in touch with home.

Hyundai expects new family of Ioniq vehicles to drive global EV sales
Hyundai expects new family of Ioniq vehicles to drive global EV sales

Hyundai said the elevation of Ioniq from an individual vehicle nameplate to a brand will help support its goal of capturing 10% of global EV sales in 2025. With electric vehicles still struggling to gain traction in most major markets, Hyundai's main competitors will likely include traditional automakers Volkswagen AG and General Motors Co , both of which have announced plans to build and sell a million or more electric vehicles a year by 2025. California-based Tesla Inc , which makes only electric vehicles, aims to retain its current position as the world's EV leader.

The Returns On Capital At Excelsior Capital (ASX:ECL) Don
The Returns On Capital At Excelsior Capital (ASX:ECL) Don't Inspire Confidence

What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...

Many Still Looking Away From Excelsior Capital Limited (ASX:ECL)
Many Still Looking Away From Excelsior Capital Limited (ASX:ECL)

With a price-to-earnings (or "P/E") ratio of 9.5x Excelsior Capital Limited (ASX:ECL) may be sending bullish signals...

Father of Michael Brown Jr. attends Breonna Taylor protest
Father of Michael Brown Jr. attends Breonna Taylor protest
  • US
  • 2020-08-09 23:34:00Z

"When you go through something like that ... traumatic, it's hard to find a balance. The only thing you want is justice," Michael Brown Sr. said in Louisville.

Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences
Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences

SEOUL, South Korea, Aug. 9, 2020 /CNW/ -- Hyundai Motor Company today announced the launch of its new IONIQ brand dedicated to battery electric vehicles, opening a new chapter as a leader in the era of electrified mobility.

Dollar tries to keep rally alive in a short market
Dollar tries to keep rally alive in a short market

"Our portfolio has been positioned for a number of weeks now for a narrowly weaker USD as a consequence of the independent surge in COVID-19 infections in the U.S. that has opened up a decent gap in near-term economic performance, especially against Europe," said analysts at JPMorgan in a note. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after President Donald Trump took executive actions on unemployment benefits.

BP
BP's green energy targets will be tough to meet

BP will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world's largest renewable power generators. European oil firms are under pressure from activists, banks, investors and some governments to shift away from fossil fuels and are trying to find business models that offer higher margins than the mere production of renewable energy would generate. Last week, BP followed Eni in committing to cut its oil production over the coming decade and set a bigger target for reductions than the Italian company.

What Kind Of Investors Own Most Of BrainChip Holdings Ltd (ASX:BRN)?
What Kind Of Investors Own Most Of BrainChip Holdings Ltd (ASX:BRN)?

A look at the shareholders of BrainChip Holdings Ltd (ASX:BRN) can tell us which group is most powerful. Large...

Is BrainChip Holdings Ltd (ASX:BRN) Popular Amongst Insiders?
Is BrainChip Holdings Ltd (ASX:BRN) Popular Amongst Insiders?

Every investor in BrainChip Holdings Ltd (ASX:BRN) should be aware of the most powerful shareholder groups...

'It will break my heart to have to walk away'

Why has the number of self-employed people started to fall?

One in three UK firms
One in three UK firms 'expect to make redundancies'

Research suggests a third of UK organisations plan job cuts, a 50% increase on three months ago.

TikTok influencers break down how they make money
TikTok influencers break down how they make money

Here are the top media and advertising stories from Business Insider for August 10.

Major US airlines have created a
Major US airlines have created a 'no fly list' for travelers who refuse to wear face coverings during the pandemic

Delta, United, and American Airlines are among those that do not board passengers who won't wear face masks to prevent coronavirus spread.

Should You Take Comfort From Insider Transactions At Asian American Medical Group Limited (ASX:AJJ)?
Should You Take Comfort From Insider Transactions At Asian American Medical Group Limited (ASX:AJJ)?

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

Asian American Medical Group Limited (ASX:AJJ) Insiders Increased Their Holdings
Asian American Medical Group Limited (ASX:AJJ) Insiders Increased Their Holdings

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

3-Ply Reusable Face Masks in Australia, New Zealand: Wholesale Supply & Fast Bulk Delivery (FDA, CE)
3-Ply Reusable Face Masks in Australia, New Zealand: Wholesale Supply & Fast Bulk Delivery (FDA, CE)

Guys, give it up for Dony Mask, a trustworthy companion in the era of COVID-19. Study more about this friend in this interview. donate-usa Dony Mask is the only available reusable face mask that successfully passes through multiple quality checks, to be accepted for use in the U.S finally.Ho Chi Minh City, Vietnam, Aug. 09, 2020 (GLOBE NEWSWIRE) -- Amid the exacerbating COVID 19 pandemic, every human is soldier fighting in the battle of life and death. We are not lonely and powerless unless we are armed with this mighty weapon. You're right! That's certainly face coverings. When it comes to face masks, Dony Mask is a potent contender on the market. Why? We'll spoil no more!Scroll down to...

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