David Silovatskiy

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 …

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 …

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 …

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 …

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 …

On Friday, the Central Bank of Australia purchased A$5 billion ($2.87 billion) worth of local government bonds. This came in its first round of unlimited quantitative easing …

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 …

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 …

Thai fintech company DeeMoney became the first non-state company in the country to use RippleNet technology for fast international payments. More than 300 financial institutions around the …

Japanese benchmark index Nikkei placed flat and erased previous earnings on Thursday. Such inactivity followed as the European Central Bank stimulus had only relieved investors’ anxiety for …

Bond prices reached new depths on Thursday as wary investors disposed large volume of government bonds in virus-inflicted market. The sharp decline prompted central banks to heighten …

Thursday saw the dollar climb up as central bank emergency measures in Europe, Japan, the United States and Australia weren’t able to stop the wave of panic …

For the first time, in 7 years, Bitcoin had crashed deplorably due to the coronavirus outbreak. However, investors are wary of a more pertinent issue.    Electronically-triggered …

Oil prices climbed up to 20% on Thursday after recovering from days of steep declines. However, analysts warn that the rally may be short-lived as coronavirus fears …

The New York Stock Exchange is set to close its trading floors and transition to electronic trading for the mean time after an employee and a trader …

The U.S. Dollar continued to climb against most major currencies on Thursday as a virus-driven impact on market volatility and tensing liquidity sent investors retreating to cash. …

U.S. Fed rolls out third emergency program to ensure liquidity in money market mutual funds The U.S. Federal Reserve on Wednesday announced its third emergency fiscal package …

On Wednesday, Germany’s HDE retail association urged the government to give immediate state aid and tax relief so as to prevent the wide closure of businesses no …

Technical analysis of Bitcoin (BTC): Over the past day, the price of bitcoin was in a narrow price corridor between $5,450-4,850. In the future, we predict an …

Airbus (AIR.PA) made its plans on suspending production in France and Spain for 4 days public. This is of course due to the coronavirus crisis that had …

The United Kingdom had announced on Tuesday that it would be ramping up on support for businesses affected by the virus outbreak. The government had recently told …

Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday that it would ease monetary policy once more if the country’s if the coronavirus-hit economy worsened. As …

Crude prices have plummeted due to the coronavirus outbreak that had left Gulf Arab governments with a morsel of options to re-establish fiscal stability. This, they are …

Finance Minister Bruno Le Maire on Tuesday announced that France will be sending €45 billion ($50.22 billion) toward companies across the country after many expected its virus-hit …

The cryptocurrency exchange Bitfinex has added its first $280 million hedge fund Fulgur Alpha to its site. Fulgur Alpha is a Bahamas-based cryptocurrency hedge fund available only …

U.S. stocks suffer historic drop as the country shuts its borders and governments worldwide impose drastic measures to contain the virus and the damages it has caused. …