Tag Archives: Global

Stocks wear thin as coronavirus surge destroys hopes of recovery

SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …

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Dollar earnings from coronavirus, tariff concerns

NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …

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