Global stocks jump on Fed support, easing second wave fears
TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the formal start of the Federal Reserve’s corporate bond buying programme,…
Stocks rebound on Fed debt program, oil recovers
NEW YORK (Reuters) – A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rose on signs fuel…
World shares stem losses as fresh lockdown fears fade
NEW YORK (Reuters) – Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve’s outlook for a long road to recovery and bet shutdowns…
Asian stocks set to fall sharply as Wall Street tumbles
NEW YORK (Reuters) – Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could…
Lufthansa accepts tweaked demands by Brussels over state bailout
BERLIN/FRANKFURT (Reuters) – Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government…
Fed mulls firmer rate guidance, adding dates or goals, minutes show
(Reuters) – Federal Reserve policymakers last month opened a broad debate over what they can and should to do to boost the effectiveness of their monetary policy tools amid the…
UK’s COVID-19 death toll tops 38,000, worst in Europe
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll topped 38,000 as of early May, by far the worst yet reported in Europe, raising questions about Prime Minister Boris Johnson’s…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
NEW YORK (Reuters) – Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment,…