The agreement to cut global crude oil output, reached amid high drama over the Easter weekend, appears effectively to be in two parts. A short-term agreement that's probably not enough, and a longer-term plan that has a much better chance of success.
Round-up of South Korean financial markets: ** South Korean shares fell on Monday, as an agreement by OPEC and its allies on a record cut in oil production failed to pacify investors amid mounting fears of the coronavirus crisis. The Korean won weakened, while the benchmark bond yield rose.
Last month, six Chinese medical professionals stepped off an Air Serbia jet in Belgrade to a red-carpet welcome from President Aleksandar Vucic and an array of cabinet ministers. After elbow-bump greetings, Vucic kissed Serbia's flag, then China's.
El Salvador's congress on Sunday extended a national emergency law that allows the government to prolong certain health measures aimed at curbing the spread of the novel coronavirus in the Central American country.
The following table shows rates for Asian currencies against the dollar at 0151 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 108.120 108.46 +0.31 Sing dlr 1.416 1.4132 -0.23 Taiwan dlr 30.093 30.103 +0.03 Korean won 1219.600 1208.8 -0.89 Baht 32.760 32.66 -0.31 Peso 50.570 50.43 -0.28 Rupiah 15,800 15,800 0.00 Rupee 76.285 76.29 0.00 Ringgit 4.317 4.305 -0.28 Yuan 7.044 7.0375 -0.09
(RTTNews) - Ahead of the Good Friday holiday, the Indonesia stock market had snapped the two-day slide in which it had stumbled more than 180 points or 3.8 percent. The Jakarta Composite Index now rests just beneath the 4,650-point plateau and it may extend its gains on Monday.
International Table Tennis Federation (ITTF) chief Steve Dainton has suggested the sport's annual individual world championships be scrapped, with champions instead decided by the winners of the new "Grand Smash" mega tournaments.
(RTTNews) - The Japanese stock market is declining and the safe-haven yen strengthened on Monday in the absence of fresh cues from Wall Street and European markets, which were closed for the Good Friday holiday, and amid worries about the economic impact of the coronavirus pande
China reported the highest number of new daily coronavirus cases in nearly six weeks, driven by a rise in infected travellers arriving from overseas and underscoring challenges Beijing faces in preventing a second wave of COVID-19.
Gold prices were little changed on Monday but held near a one-month high scaled last week as mounting worries about the global economic outlook due to the novel coronavirus outbreak, and the U.S. Federal Reserve's stimulus measures kept bullion elevated.
(RTTNews) - The China stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the two-day winning streak in which it had risen more than 120 points or 4.5 percent. The Shanghai Composite Index now rests just above the
Kia Motors told its labour union in South Korea that it wants to suspend operations at three of its factories in the country as the coronavirus oubreak weighs on exports to Europe and the United States, a union official said on Monday.
Oil prices and U.S. stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give investors any cause for lasting optimism about the economic outlook.
(RTTNews) - The Malaysia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gathered almost 40 points or 3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,360-point plateau although it may
(RTTNews) - The South Korea stock market has moved higher in back-to-back trading days, gathering more than 50 points or 2.8 percent along the way. The KOSPI now rests just above the 1,860-point plateau and it may tick higher again on Monday.
The coronavirus pandemic is expected to cause millions more people in China to lose their jobs, leaving many of them stranded without a safety net, unable to access state unemployment benefits, economists say.
Despite 2x+ volume, Nasdaq’s Tal Cohen says the markets have been handling the heightened activity and volatility well. Check out his full interview with Greenwich Associates.
Oil futures were little changed on Sunday even after major oil producers reached a deal for a record 10 million bpd output cut, with analysts saying the agreement is insufficient to head off oversupply as the coronavirus hammers demand.
An oil producer deal to make record output cuts will lend some support this week to oil prices that have lost half their value this year as the coronavirus hammers demand.
Checked
8 minutes 56 seconds ago
This feed is responsible for generating the rss feed related to the topic latest article