By Administrator_India Capital Sands Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank meeting later in the day. Anthony Fauci, the top U.S. infectious disease official,Continue Reading
By Ritu, Capital Sands Nine lobbying groups including the U.S. Chamber of Commerce have urged India to delay a new digital tax that will hit firms such as Facebook and Google as they are battling the fallout of the coronavirus. From April 1 India imposed a new 2% tax onContinue Reading
By Administrator_India Capital Sands China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses. GDP fell 6.8% in January-March year-on-year, official data showed on Friday,Continue Reading
By Administrator_India Capital Sands European stock markets weakened Wednesday, after a five-day rally, as investors reined in their bets on a swift and thorough economic rebound later in the year. At 3:45 AM ET (0745 GMT), the U.K.’s FTSE index traded 1.2% lower, France’s CAC 40 was down 1.3%, while the DAX fell 1.6%. The broaderContinue Reading
By Administrator_India, Capital Sands U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as the global death toll continued to mount. Trump, who has reacted angrily to criticism of his administration’s response toContinue Reading
