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For many, this forced adjustment to the way we live, work and play has been disconcerting and ridden with anxiety.
(Bloomberg) -- Oil futures collapsed to below zero for the first time ever as the deepening economic turmoil caused by the coronavirus crisis left traders desperate to avoid taking delivery of physical crude.(Bloomberg) -- Oil plunged below US$5 a barrel as the coronavirus pandemic ravages global economies, threatening to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations.
TOKYO: SoftBank Group Corp has doubled the amount it plans to spend buying back shares and announced changes to its board, including the resignation of long-time director Jack Ma
LONDON: The world’s governments and central banks are shifting from rescue to recovery mode as the deepest slump since the Great Depression shows signs of bottoming out
THE Covid-19 lockdowns have led to a deep economic dive, sending shockwaves around the world. IMF estimates world GDP will fall by 3% in 2020 (down 6.3 percentage points from its earlier forecast of +3.3% in late January).
Optimism is plentiful in the various online forums such as Reddit’s r/wallstreetbets where the fast-growing number of small investors discuss stocks
THE pandemic has certainly put a focus on healthcare and health-related products and services.
IMAGINE a beautiful beach where families are gathered on a clear day with blue skies. Different families are building sandcastles, whilst some are playing on the beach. No one is watching that a tsunami of different waves is approaching the shore.