European stocks extend gains on Friday as a wave of fiscal and monetary stimulus pushed investors to return to the stock markets after several days of sale-offs, triggered by signs of an approaching recession due to coronavirus.Photo: Reuters
Recall, the European indexes finished the previous session in the positive territory,...
On Thursday oil rates retreated from their all-time lows, as investors got a solid influx of central bank and government incentives in an effort to counter economic effects from the Covid-19, with Russia seeking for higher prices.Photo: Flickr
The front-month April WTI crude futures jumped by 4.16 percent, to ...
The policymakers of Australia slashed on Thursday borrowing cost repeatedly this mont?, announcing about its readiness to use offbeat policy measures as the virus pandemic threatens to push the country into its 1st downturn since the early 1990s.Photo: Reuters
The Reserve Bank of Australia lowered the Official Cash Rate to...
Asian stock markets extended losses on Thursday, with Japan's shares failing to hold onto early gains as investors scrounged for cash amid recession fears.
Shares decreased in Seoul, Tokyo, Sydney and Hong Kong, as investors were seeking cash as concerns of a prolonged virus-induced recession prevail.
Tokyo's Nikkei 225 eased by...
Wall Street indexes were mixed, swinging between small gains and losses on Thursday at early trading, as the new heavy sell-off crashed the markets and needs recovery.Photo: Bussinesinsider
The Fed is trying, of course, to do something - this is how a new lending mechanism is launched to support investment...
Gold price continued its movement downwards on Thursday, being on track to betray its status of a safe haven, as global shares rout triggers forces market participants to shift towards liquidation,pushing up the U.S. dollar.Photo: Flickr
The recent incentive measures from major central banks as one can see have failed...
The German economy may contract in 2020 due to the impact of a coronavirus outbreak, German research institutes Ifo and DIW, as well as analysts at Deutsche Bank predict.Photo: Flickr
The head of the influential Institute for Economic Research, University of Munich (Ifo) said on Thursday that the German economy...
European equities across region try to rebound from nearly 7-year lows on Thursday, as another set of unprecedented stimulus moves by the ECB gave the markets hope that they may cope with the serious crisis, which swept the continent in connection to the coronavirus cases uptick through the region.The...
Economic support moves on the part of the U.S. government are not yet able to inspire U.S. stock indices to grow on Wednesday and they continue descend.Photo: Reuters
The Dow Jones collapsed by 6.70 percent, to 19,814, the S&P 500 lost 5.80 percent, to 2,382 and the Nasdaq dipped by...
Toyota Motor Corp announced on Wednesday about its plans to halt output at more its facilities in Europe and Asia as the infection spread prompts countries to advise non-essential businesses to put on hold their operations.Photo: Reuters
In an official announcement, the Japanese car manufacturer said it had suspended already...