Showing 2953 Results for oil
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Showing 2953 Results for oil
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October 14, 2020
ASIA: China’s stock market has soared to a record high of more than $10tn as the world’s second-largest economy continues a rapid bounce back from the coronavirus pandemic. The total value of all company shares listed on the Shanghai and Shenzhen markets rallied to hit USD 10.08tn (£7.7bn) on Wednesday, according to figures compiled by […]
October 14, 2020
QUESTION: Marty, you mentioned several times now, that the ECB MUST convert to a digital Euro. I have done speeches about that based on a paper from the IMF (Christine Lagarde) last year, in which they too discuss how to do it. But I have a serious question regarding timing. I live in Germany and I would […]
October 13, 2020
ASIA: The Australian government is seeking assurances from China over the impact of reported curbs of coal imports, while calling on Beijing to end the freeze on ministerial talks as concerns grow about widening trade tensions. There has not yet been any official confirmation of the move – first reported by S&P Global Platts and […]
October 12, 2020
ASIA: Shenzhen is one of the four Chinese cities to begin internal testing of the digital yuan, announced a government notice in August without going into the specifics. The latest distribution to consumers is seen as the country’s first large-scale, public test of the centrally issued virtual currency. Nearly 2 million individuals in Shenzhen […]
October 11, 2020
Dr. David Nabarro, Britain’s envoy to the World Health Organisation (W.H.O.) has contradicted the WHO and his own Boris Johnson. Nabarro has condemned mass coronavirus lockdowns calling them the “ghastly global catastrophe” which has caused the unprecedented crash of the world economy. Nabarro has correctly appealed to world leaders this past weekend telling them to […]
October 9, 2020
ASIA: The recovery in China’s service sector activity extended into a fifth straight month in September, an industry survey showed on Friday, with hiring increasing for the second month in a row. The Caixin/Markit services Purchasing Managers’ Index (PMI) rose to 54.8 from August’s 54.0, the highest reading since June and staying well above the […]
October 8, 2020
ASIA: China represents a strategic threat to Britain as its Navy could reach the North Atlantic via the Arctic by a route opened up by global heating, the head of the Royal Navy has said. Adm Tony Radakin, the first sea lord, said an “increasingly assertive” China had the capability to reach waters north of […]
October 7, 2020
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 10.91 points or -0.05% to 23,422.82 Shanghai closed Hang Seng increased 262.21 points or 1.09% to 24,242.86 ASX 200 increased 74.30 points or 1.25% to 6,036.40 Kospi increased 21.04 points or 0.89% to 2,386.94 SENSEX increased 304.38 points or 0.77% to […]
October 6, 2020
ASIA: China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, Reuters reported. A representative for China said at the closed-door meeting on Friday that the measures “are clearly inconsistent with WTO rules, restrict cross-border trading services […]
October 5, 2020
ASIA: The Indian government has told the Supreme Court it will waive certain interest levies on loans up to 20 million rupees ($272,888) under a COVID-19 support plan, a legal filing showed, in a move that will bring relief to millions of borrowers. In a filing on Oct. 2 with the Supreme Court, seen by […]