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NEW YORK: Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong and as some traders doubted Russia's commitment to deep production cuts.
TOKYO: Japan’s government is said to have increased the amount of bonds it plans to issue this fiscal year for the third time in under two months, seeking to fund its unprecedented economic stimulus.
The 2008 financial crisis led the public to discover the limits of economics. The Covid-19 pandemic risks having the same effect on scientists and medical doctors.
FRANKFURT: The European Central Bank (ECB) says lenders could face a harder time raising capital from investors after following its recommendation that they temporarily suspend dividend payments.
NEW YORK/LONDON: Global equity markets fell on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects.
BRUSSELS (Reuters) - It took a courtroom of scarlet-robed judges to spur Angela Merkel to make one of her boldest moves in 15 years as German chancellor: propose huge cash handouts to the European Union's weaker economies.
TOKYO: After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the eurozone and Japan are experimenting with some carrot, too.