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Virus-hit Beijing tightens outbound travel; Shanghai demands quarantine
By Administrator_India Capital Sands Beijing banned high-risk people from leaving the Chinese capital and halted some transportation services on Tuesday to stop the spread of a fresh coronavirus outbreak to other cities and provinces. China’s financial hub of Shanghai demanded some travellers from Beijing be quarantined for two weeks, as 27 new COVID-19 cases took […]
Aussie, kiwi, and yuan fall on worries about second wave of coronavirus
By Administrator_India Capital Sands The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. The Chinese yuan also dipped in offshore trade after Beijing recorded dozens of new cases of the novel coronavirus […]
Dollar Up as Investors Fear Second-Wave Outbreak in U.S.
By Administrator_India Capital Sands The dollar was up on Friday, with the U.S. reporting more than 2 million COVID-19 cases as of June 12 and triggering renewed fears of a second wave of cases. Investors were also spooked by the possibility of renewed lockdowns to curb the spread. The market was still digesting a […]
Fed’s gloomy outlook steadies dollar slide, for now
By Administrator_India Capital Sands The dollar steadied against riskier currencies and the safe-haven yen hit a one-month high on Thursday, as the U.S. Federal Reserve’s dour economic outlook spooked investors. The moves arrested the greenback’s initial slide after the Fed’s policy stance, projecting rates near zero for years, was even more accommodative than expected. The […]
Gold Up Ahead of Fed Policy Meeting Details Reveal
By Administrator_India Capital Sands Gold was up on Wednesday morning in Asia, building on its gains from the previous session. Gold futures were up by 0.08% at $1,723.25 after jumping 1.2% during the previous session. Stocks, which usually move inversely to gold, were mostly up. Investors continued to be cautiously optimistic ahead of the […]
Japan to push for early scrapping of UK auto tariffs in trade talks
By Administrator_India Capital Sands Japan will call for an early elimination of automobile and auto parts tariffs in negotiations on a post-Brexit trade agreement with Britain, the country’s trade minister said on Tuesday. After decades outsourcing its trade policy to the European Union, Britain is embarking on negotiating free trade deals with countries around the […]
U.K. May Tighten Takeover Laws to Curb Foreign Influence
By Administrator_India Capital Sands The U.K. government is preparing to introduce legislation that would force British companies to report attempted takeovers that could give rise to security risks, The reporter said. Company directors that fail to observe the rules could face fines, disqualification, or jail, the newspaper said, without saying where it obtained the […]
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