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WASHINGTON - The U.S. securities inspector on Monday forewarned corporate executives against insider dealing during inconvenience caused by the coronavirus, in an unusual statement that emphasizes the chaos cascading through financial markets. Company ...
Oil prices gained on Tuesday as investors hope for a fast approval regarding the U.S. lawmakers’ proposed $2 trillion coronavirus aid package. The aid package is expected to ease the pandemic’s impact on the global economy, while ...
The dollar traded red on Tuesday on signals that secured funding conditions are easing slightly after the U.S. Federal Reserve decided to give bottomless quantitative easing to offset and ensure greenback liquidity. The dollar index =USD shed ...
India stocks rose, taking back ground after record losses on Monday after investors picked stocks that have dropped significantly as the nation goes into lockdown to limit the spread of the COVID-19. The S&P BSE Sensex gained by 1% to ...
Gold prices continued its climb after the U.S. Federal Reserve announced on Monday new measures in a bid to shore up an economy affected by the coronavirus. In the unexpected announcement, the Central Bank said that it would be buying an infinite ...
U.S. Federal Reserve officials with experience handling crises said that the central bank was open to roll out additional action in order to soften the economic impact of the coronavirus pandemic. As of now, the Fed are aiming to provide assistance ...
Gold prices surged up in Asian markets on Monday morning amid a weakening U.S. Dollar, recovering the yellow metal from a streak of losses last week. Gold Futures had momentarily surpassed the $1,500 mark with an opening of $1,506.15 per ounce ...
SYDNEY- Asian shares dropped on Monday as series of national lockdowns endanger authorities’ schemes of nursing economic disruptions and what appears to be a sharp worldwide recession brought by the novel coronavirus. S&P 500 E-mini ...
TOKYO- The dollar topped the trading board against basket of other major currencies on Monday. Upbeat performance was mainly from investors’ decision of resorting to fiat currencies as recent setbacks faced by global stocks and concerns ...
Wall Street is expected to suffer another week of rough US markets due to the pandemic as lawmakers decide on economic aid packages in Washington. Stock market futures suffered a steep fall while Treasury-bond futures gained, indicating smooth-sailing ...
Singapore Airlines Ltd (SIAL.SI) will decrease capacity by 96% and land almost all of its fleet, the carrier said on Monday, in reaction to the coronavirus travel restrictions it called the “greatest challenge” it had ever faced. The ...
The U.S. stock index futures fell on Monday as fears of economic damage grew in the markets due to various national lockdowns in an attempt to contain the pandemic. Goldman Sachs predicted a 24% decline in US real GDP in the second quarter. In ...
Oil prices fell on Monday as governments increased lockdowns to limit the spread of the global coronavirus outbreak that has dropped the demand outlook for oil and threatened a worldwide economic compression. Brent crude LCOc1 futures dropped ...
The dollar neared its biggest gain in a week since the 2008 global financial crisis, even with a weakened rally, as the pandemic drove investors to cash and damaged the world’s financial plumbing. The dollar hiked 3.7% against a basket ...
U.S. crude oil prices climbed on Friday, stretching its gains after the 24% rise on Thursday after President Donald Trump said that he might step in the price war between Russia and Saudi Arabia. U.S. crude and global benchmark Brent crashed ...
Peru’s central bank decided to reduce 1.25% interest rate on Thursday from the initial 2.25%. Such scheme was aimed at relieving Peru’s economy from the drag brought by the novel coronavirus contagion. The said reduction immediately ...
The world economy is currently deep in recession as economic disruptions brought by novel coronavirus reached a larger scale, according to economic analysts. The fast-paced contagion of the virus dragged financial markets down even with the ...
The Asian shares market saw its way to recovery on Friday amid Wall Street gains as well as a record rebound in oil prices. However, with investors in a panic Dollars stampede, many speculate that the crisis has not yet come to an end. MSCI’s ...
Gold fell off its key $1,600 gain on Thursday after investors had sold off their positions in the precious metal in a panicked rush to save themselves from losses on Wall Street. Gold Futures in New York’s COMEX fell by 3.2% ($52.10) ...
On Thursday, an emergency legislation had been introduced by U.S. Senate Majority Leader Mitch McConnell. This aims at stemming economic fallout created by the coronavirus pandemic. Both Republicans and Democrats agreed to meet today to reach ...
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