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Asia stocks set to gain after recovery hopes push Wall Street higher Asia stocks set to gain after recovery hopes push Wall Street higher

Asia stocks set to gain after recovery hopes push Wall Street higher

By 1 month ago

WASHINGTON (Reuters) – A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run to a new high, while the safe-haven yen, Swiss franc and gold rallied. FILE PHOTO: The London Stock Exchange Group offices are seen in the City…

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Asia stocks extend rally as economic recovery hopes boost confidence Asia stocks extend rally as economic recovery hopes boost confidence

Asia stocks extend rally as economic recovery hopes boost confidence

By 1 month ago

Asian stocks rallied for their ninth straight day on Tuesday and oil prices jumped as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery.Markets have been particularly encouraged by a May U.S. jobs report last week that showed a surprise fall in the unemployment rate, sending…

Revealed: The Secrets our Clients Used to Earn $3 Billion

USA Economics ‘Money to be made’: Meet the new retail investors flooding the market amid the pandemic USA Economics ‘Money to be made’: Meet the new retail investors flooding the market amid the pandemic

USA Economics ‘Money to be made’: Meet the new retail investors flooding the market amid the pandemic

By 1 month ago

Select an investorThree months after one of the worst stock market crashes in history, the foundation of the investment industry has shifted. The COVID-19 crash decimated portfolios, but it also brought an unprecedented influx of new retail investors into the game. In Canada alone, more than 500,000 new discount online brokerage accounts were opened in…

Stocks start week with a bang, surging to 4-week high as investors bet on China revival Stocks start week with a bang, surging to 4-week high as investors bet on China revival

Stocks start week with a bang, surging to 4-week high as investors bet on China revival

By 1 month ago

Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States.MSCI’s All-Country World Index, which tracks shares across 49 countries, rose 0.7 per cent to its highest since June 6 after the…

USA Economics Resource curse or resource blessing: How major oil discoveries keep autocrats in power USA Economics Resource curse or resource blessing: How major oil discoveries keep autocrats in power

USA Economics Resource curse or resource blessing: How major oil discoveries keep autocrats in power

By 1 month ago

Oil and natural gas wells require concrete to seal the area between the well casing and the surrounding borehole, but because of the high temperatures and pressures at depth, it has been hard to study how these specialized cements harden. Now, a new method developed at MIT can help to fill in that missing knowledge.…

Revealed: The Secrets our Clients Used to Earn $3 Billion

Despite warnings, the US wasn’t prepared with masks for coronavirus. Now it’s too late. Despite warnings, the US wasn’t prepared with masks for coronavirus. Now it’s too late.

Despite warnings, the US wasn’t prepared with masks for coronavirus. Now it’s too late.

By 1 month ago

CLOSE This is how often you should wash your cloth face mask. USA TODAYTreating coronavirus patients in one of the busiest emergency rooms in Manhattan, Dr. Jason Hill wore the same disposable respirator mask for up to four shifts in a row.He’d take the mask home from Columbia University Medical Center, his coffee-flavored breath clinging…

Stocks jump on strong U.S. jobs data; COVID-19 caution lingers – Financial Post Stocks jump on strong U.S. jobs data; COVID-19 caution lingers – Financial Post

Stocks jump on strong U.S. jobs data; COVID-19 caution lingers – Financial Post

By 1 month ago

NEW YORK — World stocks rose for a fourth straight day on Thursday after U.S. payrolls increased by a record 4.8 million in June, but the dollar and Treasury debt prices also edged up, suggesting lingering concern about surging COVID-19 cases in many U.S. states.New cases shot up by nearly 50,000 in the United States…

The Making Of An Economic Pandemic The Making Of An Economic Pandemic

The Making Of An Economic Pandemic

By 1 month ago

In an exclusive excerpt from The Rules of Contagion, epidemiologist Adam Kucharski re-examines the parallels between 2020 and the 2008 financial crisis to explain how quickly panic goes viral—and how to stop it. One Saturday morning in March 2003, a group of experts gathered at WHO headquarters in Geneva to discuss a newly discovered infection…

Revealed: The Secrets our Clients Used to Earn $3 Billion

Indian economy to contract by 4% in 2020-21, forecasts ADB Indian economy to contract by 4% in 2020-21, forecasts ADB

Indian economy to contract by 4% in 2020-21, forecasts ADB

By 1 month ago

Hit hard by the COVID-19 pandemic, the Indian economy is expected to contract by 4% during the current financial year, the ADB said in a supplement to its Asian Development Outlook (ADO) on Thursday.Countries in ‘Developing Asia’ will ‘barely grow’ in 2020, the ADB forecast.China, however, is expected to record a positive growth of 1.8%…

USA Economics Virus, joblessness raises concerns of strangled US recovery USA Economics Virus, joblessness raises concerns of strangled US recovery

USA Economics Virus, joblessness raises concerns of strangled US recovery

By 1 month ago

Washington (AFP) – Claims for benefits from newly laid-off workers remain stubbornly high in the United States, amid fears the resurgent coronavirus could reverse the economy’s progress.Labor Department data released Thursday showed another 1.48 million Americans made new claims for unemployment benefits last week, a drop of only 60,000 from the week prior, indicating that…

Gulf-Asia Connectivity After the COVID-19 Crisis Gulf-Asia Connectivity After the COVID-19 Crisis

Gulf-Asia Connectivity After the COVID-19 Crisis

By 1 month ago

Pacific Money | Economy Economic and security links have been growing for decades. That will continue, even if at a slower pace. Credit: Indian Ministry of External AffairsWhat are the prospects for connectivity between the Arab Gulf monarchies and Asia, especially as the impact of COVID-19 recedes on the global economy? The short answer is that despite…

Revealed: The Secrets our Clients Used to Earn $3 Billion

Investors Wrestle With Notion That More COVID-19 Cases Mean More Stimulus Investors Wrestle With Notion That More COVID-19 Cases Mean More Stimulus

Investors Wrestle With Notion That More COVID-19 Cases Mean More Stimulus

By 1 month ago

Overview It may be that a new surge in virus cases will elicit more policy support from officials, but the immediate focus may be on the economic disruption. The number of US cases is reaching records, and at least a couple of states are stopping their re-opening efforts. Several other countries, including parts of Australia,…

Ouch! COVID-19 is forcing some people to put retirement on hold Ouch! COVID-19 is forcing some people to put retirement on hold

Ouch! COVID-19 is forcing some people to put retirement on hold

By 1 month ago

Jessica Menton, USA TODAY Published 8:30 a.m. ET June 24, 2020 | Updated 3:08 p.m. ET June 24, 2020CLOSE Where does the U.S. stimulus money come from? Here’s how the Federal Reserve is saving the economy from the COVID-19 crisis. USA TODAYThe pandemic has made Jennifer White, 47, fearful about whether early retirement is possible.White,…

USA Economics Do Movies Still Need Multiplexes? USA Economics Do Movies Still Need Multiplexes?

USA Economics Do Movies Still Need Multiplexes?

By 1 month ago

Last week, movie-theatre chains that are planning to reopen their multiplexes in July became the subject of a drama of their own making: “Mask Wars.” It was a battle fought in the press and over social media—and the chains blinked. Adam Aron, the C.E.O. of AMC, announced, on Thursday, in Variety, that, when most of…

Revealed: The Secrets our Clients Used to Earn $3 Billion

USA Economics The Fed’s reckless experiment… USA Economics The Fed’s reckless experiment…

USA Economics The Fed’s reckless experiment…

By 1 month ago

The quantity theory of money, the view that the money supply is the key determinant of inflation, is dead, or today’s mainstream economists tell us. The Federal Reserve is now engaged in a policy that will either put the nail in the quantity theory’s coffin or restore it to the textbooks. Sadly, if the theory…

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