Author: Administrator_India

Coronavirus deaths in Italy overtake China as economic damage mounts

By  Administrator_India, Capital Sands The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the…

Asian stocks fight for a toehold as ECB stimulus slows panic

By  Administrator_India, Capital Sands Asian stocks struggled to find their footing in volatile trade on Thursday, as the latest promise of stimulus from the European Central Bank propped up sentiment while the world struggles to contain the coronavirus pandemic. U.S….

Trump presses for $1 trillion stimulus as U.S. coronavirus deaths cross 100

By  Administrator_India, Capital Sands The Trump administration pressed on Tuesday for enactment of a $1 trillion stimulus package, possibly to include $1,000 direct payments to individual Americans, to blunt the economic pain from a coronavirus outbreak that has killed over…

Asian stocks fall after historic Wall Street rout

By  Administrator_India, Capital Sands Most Asian shares fell on Tuesday a day after Wall Street’s historic market rout, with fleeting initial gains evaporating as the coronavirus remained a major risk to economic growth. MSCI’s broadest index of Asia-Pacific shares outside…

Dollar wins out as pandemic drives rush for liquid assets

By  Administrator_India, Capital Sands The dollar stood tall on Friday as investors scrambled for the world’s most liquid currency amid deepening panic about the coronavirus while the euro nursed losses after the European Central Bank disappointed by not cutting rates….

U.S. senator calls for action on forced labor in China’s Xinjiang

By Administrator_India Capital Sands A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring “horrific” forced labor conditions in China’s Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by…

Asian stocks suffer, Treasury yields plumb new depths as virus spreads

By  Administrator_India, Capital Sands Asian shares and U.S. stock futures fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown. MSCI’s broadest index…

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