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G20 leaders to inject $5 trillion into global economy in fight against coronavirus
By Administrator_India Capital Sands Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Showing more unity than at any time since the G20 was […]
World stocks slip as U.S. jobs angst outweighs record stimulus
By Administrator_India Capital Sands World share markets fell on Thursday as nerves over jobs data likely to lay bare the economic carnage from the coronavirus pandemic outweighed a $2 trillion U.S. stimulus package. The U.S. Senate on Wednesday backed the massive bill aimed at helping jobless workers and industries reeling from the virus, with the […]
PBOC Acts to Stabilize Yuan After Currency Under-performs Peers
By Administrator_India Capital Sands China set its daily reference rate for the yuan at a stronger-than-expected level Thursday, with the central bank perhaps signaling efforts to support the currency following recent weakness. The PBOC put the fixing at 7.0692 yuan per dollar, 105 basis points stronger than the average forecast of analysts surveyed by Source. […]
UK inflation falls from six-month high
By Administrator_India Capital Sands British inflation fell in February, before the coronavirus crisis hit the country, and economists predict a further sharp fall in the next couple of months due to the collapse in global oil prices caused by the pandemic. Consumer price inflation fell to 1.7% in February from a six-month high of 1.8% […]
Asian shares track Wall Street surge as US stimulus hopes grow
By Administrator_India Capital Sands Asian shares extended their rally on Wednesday in the wake of Wall Street’s big gains as US Congress appeared closer to passing a $2 trillion stimulus package to curb the coronavirus pandemic’s economic toll. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.3% with Australian shares rising 4.5% and South […]
Banks struggle to ride to the rescue in Europe’s cash crunch battle
By Administrator_India Capital Sands Corrado Sforza Fogliani is on the frontlines of European efforts to keep the region’s economy alive amid the coronavirus pandemic. His small cooperative bank, Banca di Piacenza, in Italy’s virus-ravaged north, has been flooded with applications from customers seeking loan extensions, debt relief and renewal of credit lines. Buried in paperwork […]
घर बैठे इंटरनेट के जरिए कमाएं पैसा, हर महीने कमाने का मौका
कोरोना वायरस के खतरे को देखते हुए ज्यादातर लोग घर से काम कर रहे हैं. लेकिन, कई ऐसे भी लोग हैं, जिनकी कमाई फिलहाल बंद हो गई है | बिजनेसमैन से लेकर नौकरीपेशा तक परेशान है. ऐसे लोगों के लिए वर्क फ्रॉम होम काफी फायदेमंद है. ‘वर्क फ्रॉम होम’ यानी घर से काम, ये वो […]
Gold Extends Surge After Fed Unveils Measures to Support Economy
By Administrator_India Capital Sands Gold extended gains after the Federal Reserve took unprecedented measures to shore up the U.S. economy, which has been hit by the spread of the coronavirus. In a surprise announcement Monday, the U.S. central bank said it would buy unlimited amounts of Treasury bonds and mortgage-backed securities to keep borrowing costs […]