SINGAPORE (Reuters) – Asian stock markets made a cautious start on Thursday following two days of rallies, as investors await the passage and details of a $2 trillion stimulus package in the United States to combat the economic fallout from the coronavirus. Senate leaders hope to vote on the plan later on Wednesday in Washington, but it still faces criticism. […]
Read moreLONDON (Reuters) – A breakneck rebound in world stocks made it past the 10% mark on Wednesday before more global coronavirus warnings and fresh turbulence in commodity markets saw things grind to a halt. Hopes that an incoming $2 trillion U.S. fiscal stimulus will ease the economic devastation caused by virus lockdowns gave world equity indexes .MIWD00000PUS their first back-to-back […]
Read morePARIS (Reuters) – The healthcare unit of French industrial gases company Air Liquide said on Tuesday it was ramping up production of ventilators needed by hospitals to deal with the coronavirus outbreak. Ventilators, which are used to blow air and oxygen into the lungs, are critical for treating people with lung failure, which can afflict patients with severe COVID-19, the […]
Read more(Reuters) – Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot of optimism to markets reeling under the biggest selloff since the global financial crisis. The Dow Jones Industrial Average .DJI rose 1,130.26 points, or 6.08%, at the open to 19,722.19. The S&P […]
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