Saudi Arabia Cuts Expenditure by $133bn In a bid to contain the effect of coronavirus pandemic on the Kingdom of Saudi Arabia, the world’s largest exporter...
South Africa Announces Stimulus Package to Contain COVID19 Impacts The South African Reserve Bank (SARB) announced measures to stimulate the economy with extra liquidity following a...
Crude Oil Rebounds to $26 Amid Huge Stimulus Packages Oil prices rebounded on Thursday as central banks across the world announce stimulus to bolster economic growth...
Euro Dips to 3-Year Low Against Dollar Amid Coronavirus Pandemic The Euro-area common currency plunged against the U.S dollar to a three year low of 1.069...
South Africa Cuts Interest Rate to 5.25% as Coronavirus Worsen Recession South Africa, the second-largest economy in Africa, on Thursday lowered the interest rate by the...
Wall Street Loses $2trn in Value on Monday S&P opened lower on Monday as investors panicked that the fast-spreading coronavirus would erode whatever is left of...
Bitcoin Declines to $5549.5 a Coin Amid Fast Spreading Coronavirus Bitcoin, the most dominant cryptocurrency, on Thursday plunged below $7652 a coin after President Trump announced...
South African Rand Plunges on Monday as Investors Abandon Assets Rand, the local currency of Africa’s second-largest economy South Africa, plunged by 8 percent following surged...
Coronavirus: Global Stock Markets Tumbled on Friday The global stock market succumbed to fast-spreading coronavirus as more cases of the virus are being reported on a...
Coronavirus: Sales of Chinese Passenger Car Plunges 80% in February The world’s largest auto market, China, just experienced 80 percent dropped in passenger car retail sales...
