Indian bonds gain after early fall; fiscal package details awaited
By Ritu, Capital Sands Indian bonds recovered from early falls on Wednesday as investors chose to wait for details of the government’s 20 trillion rupee ($266 billion) fiscal package aimed at supporting an economy ravaged by a weeks-long coronavirus lockdown. Prime...
Europe Trades in Tight Ranges; Vodafone Outperforms
By Ritu, Capital Sands European stock markets traded in tight ranges Tuesday, as investors weighed up the benefits of reopening economies with the possibility of a second wave of Covid-19 victims. At 3:55 AM ET (0755 GMT), the DAX in Germany traded 0.1%...
Europe Higher; Reopening Economies Prompt Optimism
By Ritu, Capital Sands European stock markets posted gains Monday, amid growing optimism as more countries start to reopen their economies. At 3:45 AM ET (0735 GMT), the DAX in Germany traded 0.5% higher, and France's CAC 40 rose 0.2%. The U.K.'s FTSE index gained...
Europe Pushes Higher as Trade War Threat Recedes
By Ritu, Capital Sands European stock markets pushed higher Friday, helped by a lessening of tensions between China and the U.S. ahead of key employment data. At 4 AM ET (0800 GMT), the DAX in Germany traded 0.8% higher, and France's CAC 40 rose 0.6%. The...
Europe Edges Lower; FTSE 100 Outperforms
By Ritu, Capital Sands European stock markets traded slightly lower Wednesday amid weak economic data, while better than expected earnings helped the U.K. to outperform. At 4:35 AM ET (0835 GMT), the DAX in Germany traded 0.1% lower, France's CAC 40 fell 0.2%, while...
Bundesbank must stop buying government bonds if ECB can’t prove need
By Ritu, Capital Sands The Bundesbank must stop buying government bonds under the European Central Bank's long-running stimulus scheme within three months unless the ECB can prove those purchases are needed, Germany's top court ruled on Tuesday. The ruling deals a...
UK factories suffer worst month in three decades
By Ritu, Capital Sands British manufacturers suffered the biggest fall in output and orders for at least three decades in April, as measures to slow the spread of the new coronavirus sent the economy into a steep downturn, a survey showed on Friday. April's final IHS...
Europe Edges Higher; Central Bank Meetings Loom
By Ritu, Capital Sands European stock markets edged higher Wednesday, with investors cautiously optimistic ahead of key central bank meetings and as the earnings season continues. At 4:15 AM ET (0815 GMT), the U.K.'s FTSE index traded 0.7% higher, France's CAC 40 was...
Europe Posts Gains as Reopenings Draw Nearer
By Ritu, Capital Sands European stock markets pushed higher Wednesday amid signs the region’s economic shutdown may be coming to an end, but turmoil in the oil market continued to demand a degree of caution.. At 4 AM ET (0800 GMT), the U.K.'s FTSE index traded 1%...
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
By Ritu, Capital Sands The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for "helicopter money" - unlimited spending bankrolled by the central bank. Days...
Europe Posts Gains; Eurogroup to Meet Again
By Ritu, Capital Sands European stock markets pushed higher Thursday, as investors took in the strong gains on Wall Street overnight but remained cautious ahead of the resumption of talks on how to fund the massive government borrowing needed to support the region's...
Europe Posts Strong Gains; More Stimulus Eyed
By Ritu, Capital Sands European stock markets have pushed firmly higher Tuesday, as investors anticipate more financial aid to help bolster the region’s battered economies. The EU’s finance ministers will be in focus Tuesday as they meet to try and agree a list of...
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- Experts urge Americans to refinance in 2021on January 20, 2021
- Trump's presidency trails Obama's on his favorite metric: stockson January 20, 2021
- Refi rates near historic lows. Lock in and save now!on January 20, 2021
- Paris Fashion Week: Watch the shows hereon January 20, 2021
Paris Fashion Week opens its schedule of menswear shows today hot off the heels of neighboring fashion city Milan, which just brought its own fashion week to a close.
- US accuses China of 'genocide' of Uyghurs and minority groups in Xinjiangon January 20, 2021
The US has officially determined that China is committing genocide and crimes against humanity against Uyghur Muslims and ethnic and religious minority groups who live in the northwestern region of Xinjiang.
- China builds massive Covid-19 quarantine camp for 4,000 peopleon January 20, 2021
China is rushing to build a massive quarantine camp that can house more than 4,000 people, after an outbreak of Covid-19 this month that has left tens of millions of people under strict lockdown.
- Why a US gang sailed 20,000 km to break six Irishmen out of an Australian prisonon January 20, 2021
It all began with a letter sent from inside an Australian "tomb," a document so convincing that it prompted a US gang to sail some 20,000 kilometers (12,427 miles) to execute what could arguably be considered one of the most outrageous prison escapes in Australian history.
- Despite trade tensions, China is relying on Australia to power its economic recoveryon January 19, 2021
China and Australia spent much of last year in a tense standoff on trade. But as the recovery of the world's second largest economy gathers pace, China needs more iron ore and Australia is still its main supplier.
- FedEx says it's cutting up to 6,300 jobs in Europeon January 19, 2021
FedEx has announced plans to slash up to 6,300 jobs in Europe.
- More than 2 tons of cocaine found hidden in charcoalon January 19, 2021
Spanish police have seized more than two tons of cocaine and arrested 12 people allegedly involved in a large scale drugs smuggling network with connections to Paraguay and Brazil.
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