President Donald Trump surprised members of his administration by promising details of an economic package to be unveiled Tuesday in […]
Tag: coronavirus
South Korea restricts short sales, coronavirus takes action on economy
South Korea on Tuesday dramatically tightened rules on short-selling for three months, one day after its main equities board […]
Oil and coronavirus pose major risks
The dollar steadied somewhat on Tuesday after heavy losses against the yen, the euro and the Swiss franc, but traders […]
Germany boosts investment to boost economy
The government of German Chancellor Angela Merkel has taken its first steps to help companies and workers affected by the […]
Global Oil Demand to Decline in 2020 amid Coronavirus Impact
Global oil demand is expected to fall this year for the first time in over a decade, as the rapid […]
Facebook gives WHO free ads in battle with coronavirus misinformation
Facebook Inc will provide free advertisements to the World Health Organization (WHO) as it seeks to ensure users are not […]
Gold Prices Steady After Fed Cuts Rate
Gold prices steadied on Wednesday in Asia after the U.S. Federal Reserve’s rate cut sent the 10-year Treasury yields to […]
OPEC+ Experts Urge More Oil-Output Curbs as Virus Slashes Demand
Experts from OPEC+ recommended that oil ministers consider a larger production cut when they meet this week, as the havoc […]
The franc rises as coronavirus uncertainty exceeds expectations
The safe-haven Japanese yen and Swiss franc gained on the dollar on Tuesday, as investor hopes for global monetary easing […]
G7 to deploy all policy tools to fight coronavirus
Group of Seven finance officials said on Tuesday they would use all appropriate policy tools to achieve strong, sustainable global […]
