Oil prices gained over $1 per barrel on Monday, hitting more than a month-high as production cuts and demand recovery provided a floor for the market. Brent …
Japan’s economy succumbed to recession for the first time in 4 -1/2 years, placing the country on track for its sharpest demand slump as the COVID-19 pandemic …
Thailand’s economy hit its sharpest downturn in eight years in the first quarter. Though it contracted by less than speculated, struggling months impend as the coronavirus crisis …
European shares climbed on Friday as Chinese factory output increased, but U.S.-China tensions remain. The pan-European STOXX 600 surged 1.4%, with travel stocks gaining 2.7%. Miners .SXPP …
Oil prices hit more than one-month highs on Friday after gaining over 3% amid signs of demand recovery. Brent crude rose 3.9%, or $1.21, at $32.34 per …
Large payment company Visa has filed a patent application for a “digital fiat currency,” which will have the advantages of cryptocurrencies, but will be issued by a …
European stocks rallied on Friday after investors found comfort in China’s report of an increase in April’s factory activity, exceeding analysts’ forecasts. However, with the simmering trade …
The Dollar fell on Friday morning, losing some of its gains from the day before. Investor fears mounted as tensions escalated between the U.S. and China after …
Asian stocks were mixed on Friday morning, putting an end to a rough week for the market. Investor sentiment remained unsure even as China rolled out efforts …
On Friday, the U.S. dollar was seen to be poised for weekly gains. The Australian dollar, on the other hand, had dropped by 1% this week due …
An already-dim near-term U.S. economic outlook has grown murkier in the recently-conducted Reuters poll of economic analysts. Though recuperation is still possible, the U.S. economy may take …
South Korea’s finance ministry pledged to provide intensive measures to control the recently-monitored hike in unemployment. The agency also emphasized the ever-increasing level of economic risks as …
The American cryptocurrency exchange Coinbase reported that most of its users buy other cryptocurrencies after buying bitcoins. According to Coinbase analysts, users who bought bitcoin, afterward invest …
Thursday morning saw the value of Gold gone up after U.S. Federal Reserve Chair Jerome Powell’s speech had inspired gloom among investors, compelling them to turn to …
On Thursday, stocks had been recorded to have fallen whilst bonds remained to be in demand. These had happened due to apprehensions of the Coronavirus infecting anew …
The dollar rose to a near three-week peak on Thursday after Fed Chairman Jerome Powell dismissed the prospect of adopting negative interest rates. Powell’s comments diminished risk …
Oil prices rose on Thursday after a sudden fall in U.S. crude stocks. However, further gains were capped amid a gloomy U.S. economic outlook and fears of …
Korean Air Co. Ltd. (003490.KS), South Korea’s largest airline and flag carrier, plans to sell new shares worth 1 trillion Won ($817 Million) in its biggest rights …
JPMorgan has begun providing services to cryptocurrency exchanges. Coinbase and Gemini became the first clients of the bank. According to The Wall Street Journal, citing “sources familiar …
Global stocks and oil prices dropped on Wednesday as markets feared a possible second wave of coronavirus infections. MSCI’s index of global shares fell 0.3%, while the …
Oil prices plunged on Wednesday due to fears of a possible second coronavirus wave and a continuous rise in U.S. crude inventories. Market worries dwarfed Saudi Arabia’s …
Hyatt Hotels Corp. (H.N) announced on Monday that it would terminate 1,300 employees worldwide beginning on June 1. The move comes after a sharp fall in global …
The American aerospace company Boeing Co. (BA.N) said on Tuesday that it failed to sell a single commercial airplane this year with clients cancelling another 108 orders …
The Dollar rose earlier on Wednesday in Asia on the back of U.S. Fed Chairman Jerome Powell’s speech that would be delivered later in the day. The …
Nissan Motor Co. is gearing itself into cutting $2.8 billion of its annual fixed costs as part of a restructuring effort. News titan Bloomberg had reported the …
The Finance Ministry of the United Kingdom worries that the government’s budget deficit this year could reach a record 337 billion pounds as the coronavirus pandemic continues …
