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 »United States sanctions five Iranian ship captains for bringing oil to Venezuela: Pompeo
United States Secretary of State Mike Pompeo gives a press conference on the deals with China and Iran, and on the fight against the coronavirus disease pandemic (COVID-19), in Washington, USA. USA, June 24, 2020. Mangel Ngan / Pool via REUTERS WASHINGTON (Reuters) – The United States imposed sanctions on …
Read More »Exclusive: oil tankers with two months of Venezuelan production trapped in the sea
MEXICO CITY / SINGAPORE (Reuters) – Oil tankers transporting nearly two months of Venezuelan oil production are trapped at sea as world refineries avoid the nation’s crude to avoid falling under U.S. sanctions, according to sources at the industry, PDVSA documents and shipping data. Washington is tightening sanctions to reduce …
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 …
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