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IF working from home during the pandemic has shown anything, it’s that apartments and houses are our castles, like it or not. Hong Kong is emerging from a semi-lockdown (restaurants open, schools shut, workers everywhere on the home-office spectrum) and it’s clear that investors see refuge in housing, too.
TOKYO (AP): Asian shares were mixed Thursday (May 7) as worries about the pandemic's damage to the global economy swirled with glimmers of hope about some regions reopening gradually to business as usual.
NEW YORK: The S&P 500 and the Dow fell on Wednesday as declines in financials and defensive groups countered gains in tech shares and as data showed U.S. private employers laid off 20 million workers in April, underscoring the economic fallout of the coronavirus outbreak.
HONG KONG (AP): Asian stock markets gained Wednesday (May 6) as hopes for a global economic recovery rose after more governments eased anti-virus controls.
NEW YORK: Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
NEW YORK: A gauge of global stock markets rose on Tuesday, snapping a three-day losing streak, while oil prices soared as investors shrugged off grim economic data on hopes the easing of coronavirus lockdowns will jump start economies and revive fuel demand.
NEW YORK: U.S. stock indexes jumped on Tuesday as a recovery in oil prices lifted battered energy stocks and a slew of countries eased coronavirus-induced restrictions in an attempt to revive their economies.
BANGKOK (AP): Shares advanced in Asia early Tuesday (May 5) after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies.
NEW YORK: The dollar rose on risk aversion and global stock markets fell on Monday as U.S.-Chinese bickering over the origin of the coronavirus outbreak sparked fear of a new trade war, but Wall Street rebounded as the lifting of lockdowns in some U.S. states boosted optimism