Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
OPEC+ alliance agrees to cut production by 9.7m barrels a day; rent rose about 3% to $32.50 a barrel.
Reuters |
Global oil benchmark Brent crude plunged to its cheapest level in almost 18 years on Monday and U.S. crude briefly tumbled below $20 a barrel
Bloomberg |
MSCI Asia Pacific Index lost 20% in 1Q, worst since 2008; Nations with pandemic stabilized better positioned
Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.
Oilprice |
Oil analysts are anticipating barrel prices as low as $20 within the year.
Bloomberg |
If the economy is to recover when disease conditions improve they have to keep going concerns afloat -- very different than even 2008.
Reserve Bank of Australia |
Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
FED decided to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‑1/4 percent.
It’s past time for us to unite as a nation and create even more jobs by harnessing the power of the sun
Bloomberg |
Stocks were mixed in Asian trading Thursday as investors mulled over the implications of a surge in the number of coronavirus cases in Hubei