A man wearing a face mask or covering due to the Covid-19 epidemic walks behind a statue of the Beatles in Liverpool, north-west England, on October 2, 2020. Oli ScarfF | AFP | Getty Images According to preliminary data released on Thursday, the UK economy grew 15.5% in the third …
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SINGAPORE – The US dollar is set to weaken further, amid market opinion that geopolitical risks are dwindling after the election, and analysts say the next stimulus package will be less than expected. Citi Private Bank strategists have further predicted a weaker dollar if the Biden administration reduces uncertainty in …
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Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
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European stocks rose on the last trading day of the month, fueled by better-than-expected results and after big gains from top US tech companies. That joy helped investors sideline, for now, the signs of increasing global economic problems due to the pandemic. The Stoxx Europe 600 SXXP Index, + 0.57% …
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Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. The earnings reports, an indicator of how well companies are handling the consequences of …
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