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August 12, 2020, 12:42

Asia-Pacific Stocks Trade Lower Ahead of July Economic Data Releases

On Wall Street, major stock indexes rose on Thursday evening after the Labour Department reported that jobless claims were at their lowest level since the start of the novel coronavirus pandemic.Asia-Pacific stocks mostly were...

Wall Street’s Nasdaq Hits Record High 11th Day in Row, Pierces 11,000 Points

NEW YORK (Sputnik) - Wall Street's tech stocks continued their bull run on Thursday, with the key Nasdaq index hitting record highs for a seventh day in a row and breaking above 11,000 points.The...

US Dollar Index Pares Gains as American Jobless Claims Dip

First-time jobless benefits claims have gone down over the latest week, dropping to 1.19 million, with the total number of workers continuing to receive benefits falling to 16.1 million.The US dollar index dipped 0.03...

COVID Crisis Less Grave Than Feared, But Growth Prospect ‘Unusually Uncertain’, Bank of England...

The Bank of England expects the UK's economic crunch to be less severe than initially believed, admitting though it still may take longer to fully recover from the two-month coronavirus lockdown and its...

Forbes Names Gold Producer Giant Shareholder Kerimov as Russia’s Richest Man for 1st Time

MOSCOW (Sputnik) - Russian lawmaker Suleiman Kerimov and his family, who owns Russia's biggest gold producer, Polyus, have topped the ranking of the country's richest entrepreneurs for the first time, according to data published...

Wall Street Opens Higher on Wednesday After Disney Reports Profit Boost

While Disney took a $3.5 billion hit to its operating income in the quarter due to the pandemic, it now has around 100 million paid subscribers on its streaming services, showing higher results than...

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