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 »Gold Shines as Rising Coronavirus Makes Investors Nervous
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 …
Read More »Asia stocks in four-month high as markets remain stubbornly optimistic
SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Asia stocks peak four months in stubborn optimism
SYDNEY (Reuters) – Asian stocks rose to a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases seemed to accelerate to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Asian actions under pressure after a peak in coronavirus cases
NEW YORK (Reuters) – Asian stocks were expected to be under pressure on Wednesday, as a surge in new coronavirus infections weighed on sentiment, though U.S. assurances that China’s trade deal was intact and Optimistic economic data provided some reasons for optimism. FILE PHOTO: A man wearing a protective face …
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