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IF the global financial crisis taught economic policy makers anything, it was go early and go hard. The cost of hesitating proved too great.
HONG KONG (AFP): The pound extended gains against the dollar Thursday (Dec 31) as traders cheered the authorisation of another vaccine and final ratification of the Brexit trade deal, while Asian markets were mixed as a painful year drew to a close.
FOR THE global economy, 2020 is ending with a sense of hope for the future, partly built on the assumption that it can’t surely be that bad again.
HONG KONG (AFP): Asian markets mostly enjoyed more gains Wednesday (Dec 30) following the previous day's advances, with vaccine and economic recovery optimism helping investors look past a frightening surge in virus cases around the world.
NEW YORK (Bloomberg): Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and far-reaching change.
JAKARTA (The Jakarta Post/ANN): Indonesia is expected to remain lucrative for foreign funds in 2021, according to analysts, as investors are on a return hunt amid a low interest rate trend and quantitative easing measures implemented in various countries around the world.
NEW YORK: It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time.
In the aftermath of the coronavirus, governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data
AN unrelenting squeeze on the supply of global shares and sovereign bonds shows little sign of easing next year, with companies and central banks predicted to be big buyers of these securities in direct competition with investors.