SINGAPORE (Reuters) – Asian stock markets rose on Friday but are set to end a hectic week with only slight gains as rising coronavirus infections cast a shadow over encouraging economic data and verified hopes for a rapid global recovery. . FILE PHOTO: A man wearing a protective face mask, …
Read More »GLOBAL MARKETS: stocks depleted by the increase in coronaviruses, the sadness of the recession
* Increase in US viruses, New restrictions considered * Europe stabilizes after early decline, Japan -1.2%, Australia -2.5% * US stock futures fell 0.5% after falling as low as 1.2% * Stronger dollar in the currency markets * Brent drops less than $ 40 a barrel * * By Marc …
Read More »Stocks depleted by increased coronaviruses, sadness of recession
LONDON / SINGAPORE (Reuters) – Global stocks plummeted to their lowest level in more than a week on Thursday, due to an increase in US coronavirus cases. USA And an IMF warning of a nearly 5% drop in the world economy this year again. FILE PHOTO: An SGX sign is …
Read More »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 …
Read More »The United States economy is improving; The increase in COVID-19 cases is a threat
WASHINGTON (Reuters) – Sales of new single-family homes in the United States increased more than expected in May and business activity contracted moderately this month, suggesting that the economy was on the verge of recovering from the recession caused by the crisis in COVID-19. FILE PHOTO: Real estate signs advertise …
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