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China has decided to donate 1000 ventilators to aid New York

The Chinese government has decided to donate 1,000 ventilators to New York state amidst the ongoing Coronavirus pandemic, according to New York Gov. Andrew Cuomo who stated so on Saturday. The shipment is supposed to arrive at John F. Kennedy International Airport on Saturday. “This is a big deal, and it’s going to make a…
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A deal with Saudi and Russia has been brokered for huge oil cuts, says Trump

On Thursday, the President of the US Donald Trump stated that he had initiated a deal with top oil producers Russia and Saudi Arabia in order to cut output and arrest an oil price rout amidst the ongoing pandemic caused by the catastrophic Coronavirus. The news sent crude prices up by 45% Reuters reported.President Trump…
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Stocks seem to be keeping up with the momentum as Coronavirus measures are extended

On Monday, the U.S. stock futures started surging  as Wall Street was getting ready for a strong rally from the previous week as one of the largest economy in the world, the US, has extended measures to flatten the curve of the impact of the coronavirus outbreak. As reported by CNBC, Dow Jones Industrial Average…
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Indian stocks wobble 13% as Coronavirus continues affect the world

Stocks in Asia Pacific started encountering considerable amount of declines on Monday as fears over the Coronavirus outbreak impacting the global markets continue to affect investor sentiments.  In India, the Nifty 50 plunged 12.98% to close at 7,610.25 while the BSE Sensex ended its trading day by tumbling down 13.15% at 25,981.24. The said two…
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Indian stocks wobble 13% as Coronavirus continues affect the world

Stocks in Asia Pacific started encountering considerable amount of declines on Monday as fears over the Coronavirus outbreak impacting the global markets continue to affect investor sentiments. In India, the Nifty 50 plunged 12.98% to close at 7,610.25 while the BSE Sensex ended its trading day by tumbling down 13.15% at 25,981.24. The said two…
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Global stocks dip amidst Coronavirus fears

The U.S. stock futures and several Asian shares started having a disadvantageous time during trade on Wednesday as a result of the coronavirus pandemic eclipsed and worries revolving around the outbreak. The virus, which is originating from China, has overshadowed the hopes that broad policy support would combat the economic fallout of the outbreak. On…
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Global stocks dip amidst Coronavirus fears

The U.S. stock futures and several Asian shares started having a disadvantageous time during trade on Wednesday as a result of the coronavirus pandemic eclipsed and worries revolving around the outbreak. The virus, which is originating from China, has overshadowed the hopes that broad policy support would combat the economic fallout of the outbreak. On…
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Oil plunges 6% after Trump’s spontaneous announcement

Oil started tumbling down when the president of the United States, Donald Trump, made an announcement stating that there would be restrictions on travel from Europe. Notably, this is an attempt to dilute the spread of coronavirus after the World Health Organization declared that the ongoing Coronavirus outbreak as a pandemic. The dip in Oil…
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Chinese stocks soar more than 3% despite the deceleration of factory activities

The Asia markets, on Monday, tried to get back on track after continuous losses in the previous week. Due to the Coronavirus outbreak, the Chinese manufacturing data released recently has failed to meet expectations, as reported by CNBC. Mainland Chinese stocks succeeded in adding on the day as they attempted to recover from Friday’s drop.…
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Coronavirus and its impact on global markets

The outbreak of the ongoing virus from China may have affected the global capital markets more than you thought. On Friday, countries from three continents reported Coronavirus cases and the world share markets have started tumbling down. This marks their worst week since the 2008 global financial crisis with $5 trillion being wiped off markets.…
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