Asian shares cautiously gain on virus hopes
Asian stock markets rallied for a second day on Tuesday, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in New York and receding in Europe
India's March gold imports hit 6-1/2-year low
India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a ...
China trades nearly 4b masks, 37m protective clothes amid coronavirus pandemic
China has sold nearly four billion masks to foreign countries since March, officials said Sunday, as they tried to stem widespread fears over the quality of medical exports.
India curbs diagnostic testing kit exports
India is restricting the export of most diagnostic testing kits, as coronavirus cases in the South Asian nation topped 3,350 on Sunday despite a three-week nationwide lockdown to slow the spread of ...
Coronavirus pandemic 'amplifying' poverty in UK
The coronavirus pandemic is increasing poverty in Britain, where levels are already high after a decade of austerity triggered by the global financial crisis, according to experts
Oil price increases as OPEC gives hope to end price war
OPEC oil producers and their allies will meet Monday via video conference, a source close to the cartel said. And Russian president Vladimir Putin said his country was ready to cooperate with Saudi ...
Economic free fall looms as coronavirus cases cross a million
Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while ...
Airline industry braces for lengthy recovery
International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from ...
India to lose $4.64b daily during lockdown: Study
The most severely affected sectors of the lockdown are transport, hotel, restaurant and real estate activities. According to Acuite, there would be around 50 per cent GVA (gross value added) loss in ...
US media outlets plead for urgent relief
The ailing news industry, struggling during a pandemic-induced economic slump, is pressing for new government relief as media outlets scramble to keep covering the health crisis.
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