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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- 0% intro APR until 2023 is 100% insaneon November 28, 2021
- 'The future is bleak.' Why more Brits are turning to food bankson November 28, 2021
- Attacked, rejected and harassed: Asians around the world speak out on workplace discriminationon November 28, 2021
- Peruvian mummy that's at least 800 years old found by archeologists in Limaon November 28, 2021
A mummy estimated to be between 800 and 1,200 years old has been unearthed by archeologists in Peru, at a site near the country's capital city of Lima.
- Covid-struck Czech President appoints new Prime Minister from inside a glass boxon November 28, 2021
When the Czech President Milos Zeman formally appointed Petr Fiala as the country's new Prime Minister on Sunday, he did so sitting inside an acrylic glass box accompanied by health workers covered head to toe in hazmat suits.
- Iran nuclear talks to restart as US emphasizes it's 'prepared to use other options' if diplomacy failson November 28, 2021
The US and its allies restart Iran nuclear talks on Monday unsure how Tehran's new government will approach negotiations, not optimistic about the prospects ahead and emphasizing that if diplomacy fails, the US is "prepared to use other options."
- China's crackdown on Hong Kong fuels fears in Taiwanon November 26, 2021
As China cracked down on the pro-democracy movement in Hong Kong, the Taiwanese public watched on anxiously. Some fear they could be next to see harsher clampdowns as China steps up pressure on the democratic island of 24 million to "unify" with the mainland. CNN's Will Ripley reports.
- Country where 54 percent of adults drink alcohol once a week may run out of liquor for Christmason November 25, 2021
Shops in the United Kingdom could run short of wine and liquor ahead of Christmas because there aren't enough drivers to make deliveries.
- Germany is giving nearly two million workers a 25% pay riseon November 25, 2021
Almost 2 million workers in Europe's biggest economy are set for a big pay rise.
- US adds a dozen Chinese companies to its trade blackliston November 25, 2021
The Biden administration is piling more pressure on Chinese companies it claims could undermine US national security.
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