* 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 …
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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 …
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The International Monetary Fund has said the world economy will take a hit of $ 12 trillion (£ 9.6 trillion) from the Covid-19 pandemic after cutting its already bleak growth projections for the UK and other developed countries in 2020. The IMF said it would take two years for world …
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LONDON (Reuters) – Gold prices rose to their highest level in nearly eight years on Wednesday, as global stocks cooled as signs of a rally in coronavirus cases kept investors on edge. FILE PHOTO: Gold bars and granules are displayed at the Austrian Oegussa silver-gold separation plant in Vienna on …
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The number of coronavirus cases continues to skyrocket worldwide, but another doctor in Italy has recorded that the virus is weaker than before. An infectious disease specialist said the virus is not as fierce as before, while hypothesizing that the virus may have mutated in some regions. He said more …
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