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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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 …
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WASHINGTON (Reuters) – Weak demand is forcing American employers to lay off workers, keeping new claims for unemployment benefits extraordinarily high, even when companies have reopened, confirming views that the job market could take years to recover from the COVID-19 pandemic. FILE PHOTO: People line up in front of a …
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NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …
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SINGAPORE (Reuters) – The dollar was under pressure on Wednesday, after optimistic data in Europe boosted the euro and helped fuel hopes for a global economic recovery, bolstering investors’ appetite for riskier currencies. FILE PHOTO: US dollar bills are seen in this photograph taken on February 12, 2018. REUTERS / …
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