Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall 1% from a year earlier. Forecasts ranged from an expansion of …
By Administrator_India Capital Sands A potential COVID-19 vaccine developed in Australia has showed positive results in human clinical trials. The vaccine candidate has shown zero side effects in human trials so far and has shown promising results when tried on animals. In July, the University of Queensland (UQ) and Australian biotech giant CSL began the trial …
By Administrator_India Capital Sands Asian shares and U.S. stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat COVID-19 and new evidence of U.S. economic damage caused by the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4%. U.S. stock futures, the S&P 500 …
By Administrator_India Capital Sands President Donald Trump laid out new guidelines on Thursday for U.S. states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive the U.S. economy even as the country continues to fight the pandemic. The recommendations call on states to show a “downward trajectory” of COVID-19 cases …
By Administrator_India Capital Sands Euro zone industrial production dipped slightly in February, the month before coronavirus restrictions were widely introduced in Europe, due to reverses in capital and consumer durable goods after a sharp overall rise in January. Output fell by 0.1% month-on-month in the 19 countries sharing the euro following a 2.3% increase in …
By Administrator_India Capital Sands World stock markets fell on Thursday, while bonds and the dollar held on to hefty gains, after a coronavirus-driven plunge in U.S. retail sales and factory production and increasing gloomy economic outlooks for Asia. U.S. retail sales fell the most on record last month, while manufacturing output fell by the most …
By Administrator_India Capital Sands Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for business. China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving …
Mouthpiece1