What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
SNB hikes Swiss inflation view but policy to stay ultra-loose
The Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation was no reason to change course a day after the timetable for U.S. rate hikes moved forward.
Soccer clubs embrace cryptocurrency, but fans are divided
A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by the coronavirus pandemic.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Australia’s top exporting state calls for reset in China ties
Australia’s biggest exporting state on Tuesday urged Canberra to stop antagonising China, the country’s top trade partner, in remarks that came amid escalating criticism of Beijing led by the United States, Australia’s main ally.
Japan to avoid recession, but Q2 growth forecasts cut sharply
Japan’s economy likely grew and avoided slipping into recession this quarter but an extension of emergency measures to stem a rise in coronavirus infections has dented the growth outlook, a Reuters poll showed.
Pandemic drags Emirates to $5.5 bln loss, its first in 33 years
Emirates said Dubai’s government would continue to support the airline through the coronavirus pandemic after posting an annual loss of $5.5 billion, its first in more than three decades.
Euro zone at a turning point but too early to debate end of ECB help: Lagarde
The euro zone economy is at a turning point but its recovery must be firm and sustainable before the European Central Bank can debate clawing back emergency support, ECB President Christine Lagarde told Politico in an interview.
Virus outbreaks at Thai factories threaten export sector, recovery
A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the pandemic’s crippling blow to the crucial tourism industry.
World stocks near record high as investors await dovish Fed act
Global shares held firm near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week.
