Daily Archive: June 7, 2020

Thailand reports eight new coronavirus cases, no new deaths By Reuters

© Reuters. FILE PHOTO: A closed restaurant is seen next to the Chao Phraya river with a view of Wat Arun temple in Bangkok

BANGKOK (Reuters) – Thailand on Sunday reported eight new coronavirus cases and no new deaths, taking its total to 3,112 infections and 58 deaths since the outbreak began in January.

The new cases were returnees – five from the United Arab Emirates, two from Kuwait and one from India – and were in quarantine, where most of Thailand’s recent cases have been detected, said Panprapa Yongtrakul, an assistant spokeswoman for the government’s COVID-19 Administration Centre.

Thailand has recorded zero new deaths for 13 days in a row, she said.

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Stocks surge to within 10% of records after signal recovery could come earlier than expected

NEW YORK — Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery.

The Nasdaq breached its all-time closing high reached in February but pared its gains to end the session just below it. All three major U.S. stock indexes advanced two per cent or more.

The S&P 500 and the Dow are both well within 10 per cent of overtaking their record closing levels.

The U.S. economy added a remarkable 2.5 million jobs last month, rebounding from April’s record 20.7 million drop and pushing the unemployment rate down to 13.3 per cent. Analysts saw unemployment soaring to a historic 19.8 per cent.

“The numbers are a huge surprise to the upside,” said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.

“It would suggest a further confirmation the

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Idaho offers $1,500 bonus for people to return to work

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