The dollar firmed on Monday while risky currencies fell, as governments worldwide prepare for an economic re-start. Major currencies were range-bound but the New Zealand, Canadian, and …
Crude oil futures declined on Monday while U.S. futures fell to its lowest level since 1999. This was on top of concerns about global oil demand and …
The British government will launch a 1.25 billion pound package ($1.6 billion) on Monday to support and protect innovative companies amid the virus outbreak. The package includes …
According to a Chinese agriculture official on Monday, the virus outbreak might cause an economic shock to the global food trade and cause another global food crisis. …
Japan’s March exports declined the most in four years as demand from China, Europe, and the U.S. fell at the fastest pace since 2011. Monday’s gloomy …
Oil prices rose in Asia on Friday after Russia and Saudi Arabia signaled additional output cuts in a joint statement. Russian Energy Minister Alexander Novak and his …
The dollar fell on Friday after news of a successful trial for a potential COVID-19 treatment bolstered market outlook and risk appetite. The U.S. Dollar Index fell …
Despite having a strong financial condition with low debt obligations, the Kingdom of Saudi is still struggling from the current worldwide crisis according to its Finance Minister …
India extends its disapproval for the International Monetary Fund’s allocation of the new Special Drawing Rights as it may possibly be incapable of driving out its country …
The Federal Reserve’s balance sheet rose to a record $6.42 trillion as the central bank soaked up on assets to prevent an economic collapse. Since March, the …
Oil prices gained on Friday with Brent rising almost 3% after President Donald Trump revealed the guidelines on reviving the U.S. economy. Brent rose 2.7%, or 75 …
Asian stocks recorded a well-ended session on Friday. The upbeat performance was mainly from President Donald Trump’s decision of reopening the U.S. economy, completely supporting the frail …
Shares of Netflix and Amazon.com had supported the world stock market on Thursday. Hefty gains were monitored as investors anticipated large earnings posed by the stay-at-home setup. …
China Star Market reported that as early as May, employees of the municipality of Suzhou in China would receive part of their payments in the state cryptocurrency. …
The dollar rose against other currencies as investors turned to safety after data revealed a worsening economic activity. The dollar index showed a 0.2% gain, at 99.831. …
Oil gained on Thursday and U.S. crude recovered from nearing 20-year-lows on hopes that inventories will build up. This could leave oil producers no option but to …
J.C. Penney Co Inc will skip a $12 Million interest payment on Wednesday, putting the struggling retailer towards a potential default. It was reported that the department …
The highest U.S. retail banks will make some adjustments on Thursday to supply aid to its customers with negative balances on their checking accounts. These banks want …
Home prices in China resumed its growth after stalling in February due to the pandemic. The resurgence implies pent-up demand as the effects of the outbreak steadily …
Gold prices rose in Asian markets on Thursday as investors continued to assess the economic damage caused by the COVID-19 pandemic. Gold futures gained 0.33% to $1,745.70 …
The novel coronavirus pandemic threatens the economic growth of Asia and is likely to halt the economy for the first time in six decades. The International Monetary …
According to the Financial Times, Andreessen Horowitz, a large investment company, plans to launch a new cryptocurrency fund that will raise $450 million. In its note, the …
The U.S. opposition wanted to stop the International Monetary Fund from using its strong tools to support other countries in fighting coronavirus on Wednesday. IMF proposed to …
Gold prices fell on Wednesday in Asian markets as its virus-led volatility drove investor risk sentiment towards other assets. The International Monetary Fund (IMF) stated that the …
The dollar rose against Asian currencies on Wednesday after the U.S. Federal Reserve announced a new lending program. However, the dollar faced strong headwinds following the release …
Japan’s Prime Minister Shinzo Abe faces financial pressure from his political partners on Wednesday. The prime minister was expected to disburse more cash to people to lessen …
