Tag Archives: gold

Asian stocks fall on US stimulus uncertainty

TOKYO / BOSTON (Reuters) – Asian stocks on Wednesday danced on growing uncertainty over whether U.S. lawmakers would agree on an extra round of major fiscal incentives to support an economy still struggling with the novel coronavirus. PHILO PHOTO: A man wearing a face mask is seen inside the Shanghai …

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Asian stocks boosted Sino-FS tensions to hold gains back

SINGAPORE / BOSTON (Reuters) – Asian stock markets rose on Tuesday in relief that another round of Sino-American sparring did not appear to have exaggerated trade, while hopes for US stimulus boosted oil and commodity qualities. FILE PHOTO: A man wearing a protective face mask, following the outbreak of coronavirus …

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Rebellion of Gold tests the credibility of dollar

TOKYO / NEW YORK – The price of gold increases as the coronavirus rages around the world and the US dollar shrinks. According to the World Gold Council, the demand for gold jewelry in China in the first half of 2020 was 52% less than a year earlier. For Chinese, …

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