Economy

U.S. not heading toward COVID lockdown, White House says

The United States does not need to impose a lockdown or shut down its economy to curb the spread of COVID-19 and will rely on other tools, White House COVID-19 response coordinator Jeff Zients said on Monday.

Oil and euro slip, markets on edge over COVID-19 curbs in Europe

Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the U.S. Federal Reserve put investors on guard.

Asia sits out equities rally as Alibaba slides

Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about slowing growth in the world’s second-largest economy, even as European and U.S. share futures indicated gains.

U.S. not heading toward COVID lockdown, White House says

The United States does not need to impose a lockdown or shut down its economy to curb the spread of COVID-19 and will rely on other tools, White House COVID-19 response coordinator Jeff Zients said on Monday.

Oil and euro slip, markets on edge over COVID-19 curbs in Europe

Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the U.S. Federal Reserve put investors on guard.

Asia sits out equities rally as Alibaba slides

Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about slowing growth in the world’s second-largest economy, even as European and U.S. share futures indicated gains.

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