Lahore, 5th April: The IMF has officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. According to Reuters, this move paves the
Tokyo, March 26 (AFP/APP): Tokyo's key Nikkei index opened down more than three percent Thursday on profit-taking after surging in recent sessions, although US stimulus plans offset worries over the
Tokyo, March 25 (AFP/APP): Tokyo stocks surged more than eight percent Wednesday, marking their best percentage gain since 2008 after US lawmakers agreed a $2-trillion coronavirus rescue package and on
Hong Kong, March 24 (AFP/APP): Asian markets and crude prices surged while the dollar sank Tuesday after the Federal Reserve unveiled an unprecedented bond-buying program to support the US economy.
New York, March 21 (AFP/APP): Wall Street stocks plunged again on Friday bringing the market's worst week since 2008 to a grim conclusion, as the worsening coronavirus pandemic hammers the
New York, March 17 (AFP/APP): Stocks rebounded Tuesday following Wall Street's sharpest daily drop in more than three decades as the US and European governments signaled more stimulus measures to
Hong Kong, March 17 (AFP/APP): Asian markets sank Tuesday as investors struggled to pick themselves off the floor following the previous day's global bloodbath, which saw Wall Street suffer its
Washington, March 14 (AFP/APP): With the economy reeling, US President Donald Trump on Friday declared a national emergency to stem the damage from the coronavirus, unlocking $50 billion in federal
We all woke up to a crisis in the oil markets yesterday. It was a 31% drop within seconds. The second highest drop since January 1991 when the Gulf War
New York, Feb 29 (AFP/APP): Wall Street stocks suffered another downbeat session on Friday to conclude the worst week since the 2008 financial crisis amid worries the coronavirus will derail