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SÃO PAULO/RIO DE JANEIRO (Reuters) - In mid-March, Brazil took what seemed to be a forceful early strike against the coronavirus pandemic.
SINGAPORE: Singapore's virus-hit economy could shrink by as much as seven per cent this year -- the worst reading since independence. The warning came after Singapore's deputy prime minister unveiled a fresh support package ealier on Tuesday (May 26)
HONG KONG: The shares at Hang Seng Index ended higher on Tuesday (May 26), mirroring a broader rally across Asia, as investors welcomed the promise of more stimulus in China and the gradual re-opening of the global economy.
HONG KONG shares ended higher on Tuesday, mirroring a broader rally across Asia, as investors welcomed the promise of more stimulus in China and the gradual re-opening of the global economy.
SINGAPORE: Singapore unveiled its fourth multi-billion dollar economic stimulus package in as many months on Tuesday to cushion the blow from the COVID-19 pandemic on businesses and households.
HONG KONG: Chinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.
HONG KONG: The rich Chinese home buyers are back. Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up luxury housing, in many cases to guard their wealth against anticipated inflation and a weakening yuan
SYDNEY: Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.
SYDNEY: Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions to a re-opening world economy
LONDON: Stocks edged higher on Monday after a survey showed German business morale rebounded in May, boosting optimism around economic re-openings, although caution prompted the dollar to snap a rare losing streak