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The New York Stock Exchange is in talks with regulators to ease its listing requirements for companies that have failed compliance due to the market strain caused by the coronavirus. The U.S. Securities and Exchange Commission declined the ...
The U.S. Federal Reserve created a new small-business loan program by allowing banks to exchange those loans for cash at the U.S. central bank. This program aids banks ease their concerns of having to hold low interest loans. The Fed ...
Gold prices extended gains in Asia on Tuesday after new reports of declining COVID-19 cases improved investor sentiment. This development also led many to anticipate additional global measures to put a floor under a virus-hit economy. Gold ...
Facebook Inc will start surveying some U.S. users on Monday to help researchers from Carnegie Mellon University generate new insights on how to respond to the pandemic crisis. “Heat maps” of self-reported virus infections were ...
Oil prices hiked on Tuesday amid optimism that the world’s top crude manufacturers will agree to reduce output production. The deal is necessary as the coronavirus contagion disrupts the world economy. However, analysts warned that the ...
Asian equity markets extended gains on Tuesday after the United States, Italy, and Spain reported a steady decline in COVID-19 cases over the weekend. South Korea’s KOSPI inched up by 0.95% at 10:23 PM ET (3:23 AM GMT) as Samsung Electronics ...
British consumer confidence declined the sharpest, hitting its largest drop in more than 45 years, the GfK survey showed on Monday. The pessimism was brought by the worldwide economic shutdown aimed at combating the further spread of the deadly ...
India’s most advanced sector, the service sector that provides job opportunities and heavily contributes to economic growth, declined in March. Such inactivity was brought by insufficiency in export demand and new business due to the ...
Southwest Airlines Co (LUV.N) will cut 40% of its flights from May 3 to June 5, the carrier said on Monday. The U.S. airline will send 2,000 flights every day, a slash of 1,700 from its usual number, due to the decrease in travel demand amid ...
JPMorgan Chase & Co (JPM.N) will modify its customer complaint system on Tuesday and process how employees choose eligible clients for particular banking services. There were racial discrimination claims in the bank against black customers ...
Companies in Asia, including Japan and China are rushing to raise a record $69.3 billion in a bid to refinance debts in the second quarter, according to a Refinitiv report. The U.S. Dollar corporate debt which is due to mature in the region ...
Car sales in the United Kingdom saw an annual decline of 40% for March, according to preliminary data released on Monday from the Society for Motor Manufacturers and Traders (SMMT). The drop in sales comes as the COVID-19 pandemic continues ...
Oil prices slid on Monday after talks between Saudi Arabia and Russia were postponed, while stocks rose the spread of the coronavirus began to slow down. Brent crude saw a 3-dollar drop in early Asian trade after the meeting set to discuss ...
The British pound fell against the euro and dollar on Monday after Prime Minister Boris Johnson was hospitalized due to relentless symptoms of COVID-19. The yen fell against the dollar after news that Japanese Prime Minister Shinzo Abe may ...
The British pound will have recovered its losses against the dollar in a year. However, analyst forecasts a month ago were cut as the coronavirus continues to create chaos. The pound declined in recent weeks as concerns about the pandemic’s ...
Gold prices fell on Asian markets on Friday after the U.S. released a report of rising unemployment claims. Gold Futures fell by 0.31% at $1,632 per ounce at 9:30 PM ET (2:30 AM GMT), losing gains from the previous trading session. The United ...
SINGAPORE- The dollar is currently on track towards a 2% weekly increase on Friday. This followed after oil prices recovered and as investors resorted to safe havens amid the threat of economic contraction due to coronavirus contagion. The ...
NEW YORK- Healthcare stocks ran bull as coronavirus pandemic boosted demand in the U.S. healthcare sector, home to businesses and firms necessary to combat the deadly novel coronavirus disease. Pharmaceuticals Inc gained 24% while Gilead Sciences ...
Asian stock markets remained uncertain on Friday as it lost some of its record gains from a surge in oil prices in an earlier session. Japan’s Nikkei went up by a modest 0.32% by 10:33 PM ET (3:33 AM GMT) while South Korea’s KOSPI ...
The U.S. dollar rose slightly in Asia on Friday after crude oil prices surged by almost 25% in a previous session. The jump in oil prices came after U.S. President Donald Trump signalled on a potential truce between Saudi Arabia and Russia ...
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