Stocks in Asia Pacific fell on Monday as the number of coronavirus cases worldwide continues to rise. In Japan, the Nikkei 225 fell 2.3% on the day to 21,995.04, as shares of the heavyweight index Fast Retailing and conglomerate Softbank Group fell more than 2% each. The Topix index also …
Read More »Countries say they are unlikely to impose full blockades if there is a second wave, analysts say
People enjoy the beach amid the coronavirus pandemic in Huntington Beach, California on June 14, 2020. APU GOMES | AFP | fake pictures Countries are highly unlikely to impose another full blockade despite a resurgence of new cases of coronavirus in some parts of the world, analysts told CNBC. The …
Read More »South Korea falls almost 2% as Asian stocks fall; IMF cuts forecasts again
Shares in the Asia Pacific fell Thursday afternoon, after the International Monetary Fund cut its economic forecast again on Wednesday. South Korea’s Kospi led the losses among the region’s main markets as it fell 1.77%. In Japan, the Nikkei 225 fell 0.99%, while the Topix index dropped 1%. Shares in …
Read More »Conflict between the United States and China is a global concern and impacts markets: UAE minister
The United Arab Emirates is not alone in its concerns about the “hostile confrontation” between the United States and China, the Gulf country’s foreign minister of state told CNBC on Wednesday. “Every time we see a confrontation between Washington and Beijing, the markets really shake,” Anwar Gargash told CNBC’s Hadley …
Read More »Thousands of sailors are stranded in the sea amid the closure of the coronavirus
Tens of thousands of exhausted seafarers are trapped at sea in a humanitarian crisis that could spread and damage international trade and supply chains. Many are abandoned due to border closures and immigration restrictions designed to contain the coronavirus pandemic, which has also affected the regular change of crew members …
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