The data eased investor fears of deflationary pressures on the U.S. economy from the COVID-19 economic downturn.
19 July 2020 03:08 PM
Turkey has revoked a requirement that central bank deputy governors have 10 years prior experience and dropped a rule that banks set aside 20%
12 July 2020 05:35 PM
Kuwait's government formally submitted a public debt law to parliament on Sunday which would allow it to borrow 20 billion dinars
14 July 2020 08:01 AM
As the dollar shows signs of exhaustion, the yuan is taking over as the barometer of global risk sentiment.
14 July 2020 05:55 PM
On Wall Street, the Dow Jones Industrial Average rose 1.78%, the S&P 500 gained 1.59%, and the Nasdaq Composite 2.21%.
10 July 2020 06:19 PM
The euro posted gains in early European trade Monday, helped by signs of a German economic recovery
10 July 2020 05:07 AM
Lebanese pound has lost around 80% of its value since October on a parallel market where one dealer gave exchange rates of 9,000/9,500 on Monday
10 July 2020 04:55 AM
PayPal, the payments giant with 325 million active user accounts worldwide, was considering the direct sale of crypto assets — along with custodial services
7 July 2020 06:01 PM
The French economy is pulling out of the slump induced by the coronavirus outbreak at least as fast as expected a month ago.
7 July 2020 10:21 AM
German finance minister Olaf Scholz said on Sunday he planned to give the Germany's financial markets watchdog more power.
6 July 2020 02:58 AM
The increasing number of Covid-19 cases in some U.S. states which has led to reopening plans being paused .
6 July 2020 03:07 AM
Wirecard, the German scandal-hit payments company, said on Saturday it would proceed with business activities after filing for insolvency .
28 June 2020 04:37 PM
South Korea on Thursday proposed expanding its capital gains taxes to include a larger number of affluent stock investors.
27 June 2020 06:09 PM
Asian shares crept to a four-month high on Wednesday as investors remained stubbornly upbeat on the outlook for a re-opening of the global economy.
27 June 2020 06:06 PM
China's economic fundamentals remain sound and its financial markets are stable overall, the central bank governor said on Thursday.
21 June 2020 05:08 PM
Federal Reserve Chairman Jerome Powell also doused some of the rosy expectations on Tuesday, as he painted a rather bleak picture of the U.S. economy.
18 June 2020 05:26 PM
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China’s Huawei
17 June 2020 05:10 PM
Federal Reserve needs to be prepared to do more to support economy if needed .
15 June 2020 06:44 PM
Wall Street slipped Wednesday, as traders continue to unwind their bets on stocks tied to the progress of the economic reopening.
12 June 2020 05:02 AM
Short-term asset price moves such as the recent rebound across markets will not influence Brazilian monetary policy.
9 June 2020 06:41 PM
Stock market bulls were forced to a halt on Tuesday and high-flying currencies like the euro and Australian dollar lost altitude.
9 June 2020 06:31 PM
Asian stocks rallied for their ninth straight day on Tuesday and oil prices jumped as the lifting of coronavirus lockdowns.
9 June 2020 05:24 AM
The S&P 500 and the Dow Jones indexes were set to rise on Monday,
9 June 2020 05:23 AM
"If it's $2 billion, I can say, no. $3 billion, no," he added. "As long the amount is not something we think we can accept"
6 June 2020 02:06 PM
Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government
7 June 2020 08:18 AM
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