Business News
USD - CAD is rising to 1,4100 in the midst of fresh risk, WTI weakness
With WTI falling to the lowest since 1999, during Monday's Asian session, USD / CAD takes the bids to 1.4075, up 0.55 per cent on a day. While initially taking risks
Uk clothing retailer Next, online business reopenes
Uk clothing retailer Next will reopen its online business after additional safety measures have been put in place to cope with the emergency coronavirus, it said Tuesday.
G20 sets ground rules ahead of Libra stablecoin on Facebook
The world's leading economies need to plug gaps in their rulebooks to prevent digital currencies like the planned Facebook Libra stablecoin from undermining financial stability, the regulatory watchdog for the Group of 20 Economies (G20) said on Tuesday.
Investors stick to cash in the midst of concerns about recession survey of BofA
Since the immediate aftermath of the attack on the World Trade Center in Sept 2001, investors have been hoarding cash at a rate not seen, BofA's April fund manager survey showed, as the coronavirus roiled global finance markets.
Chinese trade data are increasing stocks alleviating pandemic fears
World stocks achieved on Tuesday after Chinese trade data came in better than anticipated and some nations tried to restart their economy by partially lifting restrictions to curb the coronavirus epidemic.