Oct 21, 2020
Asia Pacific stocks were generally high on Wednesday morning, considering gains as confidence over the most recent stimulus measures being passed by the U.S. Congress. However, those said gains are covered by a wobbling tech area.
Oct 20, 2020
Asian shares fell decently on Tuesday, repeating Wall Street's decrease, as investors expect that Washington will come through with badly required guidance for the economy before the U.S. official political decision. The market center has been around the U.S. aid amid worldwide vulnerability and the continuing financial harm from the Covid pandemic, which has slammed development with social distancing limitations, joblessness, creased trade, and the travel industry and business terminations.
Oct 19, 2020
China's GDP (Gross Domestic Product) rose by 4.9% year-on-year last quarter, marginally missing anticipations. Yet at the same time, it was music to the ears to the policymakers who are stressed over unemployment and souring credits. Beijing has just flagged it may tap the brakes on financial easing as the economy improves. As a result, this could quicken the process.
Oct 15, 2020
The U.S. Treasury Secretary dashed any remaining hopes of a stimulus package before the Nov. 3 election, right after the global shares slipped on Thursday as investors locked in recent gains amid rising concerns about resurgent COVID-19 infections.
Oct 14, 2020
The Asian Pacific stocks are mostly down on Wednesday after two major U.S. COVID-19 treatment trials were paused over patient safety concerns.