FILE PHOTO: This illustration, taken on April 10, 2020, shows small bottles labeled with a “Vaccine COVID-19” sticker and a medical syringe. REUTERS / Dado Ruvic / File Photo BEIJING (Reuters) – China’s military has been given the green light to use a COVID-19 candidate vaccine developed by its research …
Read More »Stocks hit two-week lows, oil slips on virus surge
LONDON (Reuters) – Global stocks hit two-week lows and oil fell nearly 2% on Monday, as the relentless spread of the coronavirus curbed optimism in the global economy, prompting investors to take refuge in bond stocks. refuge and gold. FILE PHOTO: A man wearing a protective face mask, after the …
Read More »China plans to grant investment banking licenses to lenders: Caixin
FILE PHOTO: People pass a sign from the Industrial and Commercial Bank of China (ICBC) at the site of the second China International Import Expo (CIIE) in Shanghai, China on October 31, 2019. REUTERS / Stringer SHANGHAI (Reuters) – China’s securities regulator plans to grant investment banking licenses to commercial …
Read More »Banks too big to fail are mostly a thing of the past, regulators say
LONDON (Reuters) – Reforms to the global financial system following the banking crisis of a decade ago have reduced the risk that taxpayers will have to bail out lenders again, but some gaps have yet to be closed, the Board of Directors said Sunday. Financial Stability (FSB). FILE PHOTO: Office …
Read More »GLOBAL MARKETS: Asian stocks are suspicious because coronavirus threatens economic reopening
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Asia, ex-Japan down 4 months, S&P 500 futures holding steady * COVID-19 deaths reached half a million on Sunday * Dollar, bonds backed in a safe haven By Wayne Cole SYDNEY, Jun 29 (Reuters) – Asian equity markets started the week cautiously on Monday, …
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