Australia's central bank cut interest rates to record lows on Tuesday in what is expected to be the first in a spate of policy stimulus around the world to fight the economic fallout from the coronavirus.
What happened
Turning a cold shoulder to Agnico Eagle Mines (NYSE: AEM), investors drove shares down more than 23% last month, according to data from S&P Global Market Intelligence. The stock's sharp decline seems even more precarious when juxtaposed with the more than 1.6%
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus, ahead of a conference call by Group of Seven heads.
Gold prices rose for a second straight session on Tuesday, as expectations grew for monetary policy easing by major central banks to cushion the economic fallout from the fast-spreading coronavirus outbreak.
(RTTNews) - Asian stock markets are in positive territory on Tuesday following the overnight rebound on Wall Street amid optimism that global central banks will take action to offset the impact of the coronavirus on global economic growth.
(RTTNews) - Indian shares may open higher on Tuesday amid mixed catalysts. While positive global cues may help underpin sentiment; growth worries, a sharp rebound in oil prices and concerns about how India would cope with a widespread coronavirus outbreak may trigger profit taki
(RTTNews) - Twitter Inc. (TWTR) said Monday that it is strongly encouraging all employees globally to work from home due to concerns over the spread of the coronavirus.
China is pressuring Taiwan with "provocative" air force manoeuvres near the island and spreading fake news to sow discord during the coronavirus outbreak, security sources and government officials in Taiwan say.
Colombia's Constitutional Court ruled on Monday against legalizing abortions in up to the first 16 weeks of pregnancy and said the procedure would continue to be allowed in just three specific cases.
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six months as sales have been hit by the coronavirus outbreak.
The women's Kunming Open tennis tournament scheduled to begin in April in China's Anning city has been cancelled due to the coronavirus outbreak, the WTA Tour said on Tuesday.
Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.
(RTTNews) - The Thai stock market has finished lower in back-to-back trading days, sinking almost 60 points or 4.3 percent in that span. The Stock Exchange of Thailand now rests just above the 1,335-point plateau although it's expected to open in the green on Tuesday.
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