The China Post
· Google unveils budget Pixel phone as pandemic curbs spending →
The low price helped spur iPhone sales at a time of soaring unemployment, as the economy plunged into a deep recession that is causing millions of households to curb their spending so they can pay rent and buy food.
· Japanese utilities expect slow power demand recovery →
For industry leader Tokyo Electric Power Company, household power demand in its region rose 5% thanks to lockdown demand, but industrial and commercial demand have plunged, with April-May figures plunging by 20%-50%, Managing Executive Officer Rikuo Otsuki said.
· Commentary: More government measures needed to cushion a worsening Singapore jobs market →
That is the worst ever plunge in economic activity since data has been collected on a quarterly basis.
· 8@eight: ASX set to bounce higher as Wall Street jumps →
Bank stocks plunged, proving the biggest weight on the market, while the lockdown sensitive consumer discretionary and real estate stocks were the only other sectors to sustain losses yesterday.
· NTT DOCOMO, Inc. (DCMYY) CEO Kazuhiro Yoshizawa on Q1 2020 Results - Earnings Call Transcript →
Sales related revenues decreased by ¥77.7 billion due to a plunge in wholesale handsets sold.
· Range Resources reports higher production but big drop in realized prices →
Q2 average realized price plunged 40% Y/Y to $1.63/Mcfe, including a 41% drop in average realized natural gas price to $1.42/Mcf.
· Two Mining Picks Ahead Of Q2 Earnings →
U.S. GDP plunged an historic 32.9 percent compared to the previous quarter, the fastest pace on record.
· Gilead Sciences: Remdesivir Remains A Distraction →
HIV sales growth stalled and HCV sales plunged as patients delayed doctor visits.