Asian Stocks Plummet Amid Oil Price War
By Administrator_India Capital Sands Asian stock markets traded sharply lower on Monday morning as oil prices slumped following reports that OPEC failed to reach a deal with its allies on...
India shuts Delhi schools, imposes new travel restrictions over coronavirus
By Administrator_India Capital Sands India shut all primary schools in the capital New Delhi until the end of March on Thursday and imposed new restrictions on travel from Italy and...
Dollar’s rally sputters as investors eye more Fed cuts
By Ritu, Capital Sands Monetary policy easing in the United States fueled by worries about the economic impact of the coronavirus is endangering the dollar’s years-long rally and giving a...
India’s coronavirus cases nears 30, hits major payments firm Paytm
By Administrator_India Capital Sands The total number of known coronavirus cases in India rose sharply to 29 on Wednesday, including 16 Italian tourists who had tested positive for the disease...
ECB holds emergency meeting on coronavirus but leaves out policy
By Administrator_India, Capital Sands European Central Bank policymakers held an unscheduled telephone conference call late on Tuesday to discuss their emergency response to the coronavirus outbreak but policy action was...
WHO warns of global shortage of medical equipment to fight coronavirus
By Administrator_India Capital Sands The World Health Organization (WHO) on Tuesday warned of a global shortage and price gouging for protective equipment to fight the fast-spreading coronavirus and asked companies...
Sensex, Nifty snap seven-day losing streak on hopes
By Ritu, Capital Sands Indian shares ended higher on Tuesday, snapping their longest losing streak since last May, lifted by hopes of policy easing by major central banks of the...
Stocks – Wall Street Surges at the Close as Financials, Tech Jump
By Administrator_India Capital Sands Stocks made a bullish start to the week Monday, shrugging off an uptick in coronavirus deaths in the U.S. amid a surge in tech and financials....
Indonesia confirms first cases of coronavirus, link to Japanese visitor
By Ritu, Capital Sands Two Indonesians have tested positive for coronavirus after coming into contact with an infected Japanese national, President Joko Widodo said on Monday, marking the first confirmed...
China Makes Bad Loans Disappear as Virus Pummels Banks
By Ritu, Capital Sands Chinese banks are taking extraordinary measures to avoid recognizing bad loans, seeking to shield themselves and cash-strapped borrowers from the economic fallout of the coronavirus outbreak....