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    Markets nosedive as investors take stock of spreading virus

    Markets nosedive as investors take stock of spreading virus

    27 Mar 2020

    European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further...

    Global stock markets sink as US jobs angst outweighs $2tr boost

    Global stock markets sink as US jobs angst outweighs $2tr boost

    26 Mar 2020

    Share markets across the world fell on Thursday as nerves over jobs data likely to lay bare the economic carnage from the coronavirus pandemic outweighed a $2 trillion US stimulus...

    Global stock markets, oil rally on US Fed boost

    Global stock markets, oil rally on US Fed boost

    24 Mar 2020

    World stock markets rallied strongly on Tuesday after the US Federal Reserve launched an unprecedented bond-buying plan, the latest salvo in a global counter-attack against fallout from the coronavirus outbreak....

    US Fed fresh support fails to pull world markets out of the woods

    US Fed fresh support fails to pull world markets out of the woods

    23 Mar 2020

    Fresh support announced by the Federal Reserve failed to lift Wall Street on Monday, after Europe and Asia had both been overwhelmed by the coronavirus pandemic and growing number of...

    Indian equities to be under pressure as COVID-19 spreads

    Indian equities to be under pressure as COVID-19 spreads

    22 Mar 2020

    The key Indian equity markets − S&P BSE Sensex and NSE Nifty50 − might face some pressure in the coming week as investors remain on the edge regarding the economic...

    Saudi Arabia announces $32b support to mitigate coronavirus impact on economy

    Saudi Arabia announces $32b support to mitigate coronavirus impact on economy

    20 Mar 2020

    Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it tackles the coronavirus outbreak and lower oil...

    Indian rupee hits record low, slips below 75-mark against US dollar

    Indian rupee hits record low, slips below 75-mark against US dollar

    19 Mar 2020

    The Indian rupee touched a record low against the dollar on Thursday, trading at over Rs 75 per dollar against its previous close of Rs74.26 a dollar. The rupee on...

    Philippines first country to shut down financial markets

    Philippines first country to shut down financial markets

    17 Mar 2020

    The Philippine Stock Exchange closed indefinitely on Tuesday while currency and bond trading were put on hold, the first shutdown of markets worldwide in response to the coronavirus, with authorities...

    RBI to conduct six-month forex swap worth $2 billion

    RBI to conduct six-month forex swap worth $2 billion

    17 Mar 2020

    In a bid to ease the US dollar requirements of open market, the Reserve Bank of India (RBI) decided to conduct a six-month swaps worth $2 billion to provide liquidity...

    Wall St dives, S&P 500 sheds $2 trillion in value

    Wall St dives, S&P 500 sheds $2 trillion in value

    16 Mar 2020

    S&P 500 companies lost more than $2 trillion in value in the first few minutes of trading on Monday as investors panicked about the mounting damage from the coronavirus pandemic...

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