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Oil prices rise on expected inventory drawdown; virus concerns cap gains
SINGAPORE: Oil prices rose on Tuesday on expectations of a drawdown in crude oil inventories in the United States for a fifth straight week, but investor worries over climbing coronavirus cases globally capped price gains.
GLOBAL MARKETS-New COVID-19 strain inflicts pain on equities
NEW YORK: A gauge of equities around the world fell on Monday and oil prices plunged as concerns about a new coronavirus strain in Britain overshadowed optimism over a vaccine-fueled rebound in economic growth
Asian stocks mixed on fading US stimulus hopes, virus concerns
NEW YORK: Asian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.
Oil price steadies; virus concerns weigh as hurricane heads to US
NEW YORK: Oil prices steadied on Wednesday, pressured by worries about the demand outlook during the coronavirus pandemic but buoyed as U.S. producers shut output in the Gulf of Mexico ahead of Hurricane Laura.
Gold steadies near record high as virus concerns persist
BENGALURU:Â Gold held steady near record highs on Tuesday as worries over global economic fallout from mounting COVID-19 cases offset an uptick in risk sentiment driven by positive U.S. economic data.
Money and job worries pose real risk to global recovery
LONDON: The coronavirus pandemic is throwing the world into financial insecurity, posing a threat to the recession-hit global economy if it means consumers keep saving rather than spending
Global stock markets sink as US virus concerns offset Europe rebound hopes
NEW YORK: Global equities sank and perceived safe-haven assets like U.S. Treasuries and gold gained on Friday as investors weighed hopes that Europe will continue to rebound from the coronavirus pandemic's economic damage against concerns over a record surge in new COVID-19 infections in the United States.
Stocks sell-off as coronavirus surge knocks recovery hopes
SINGAPORE/NEW YORK: Asia's stock markets slipped, bonds rose and the U.S. dollar was firm on Thursday as surging U.S. coronavirus cases, global trade tensions and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery.
Singapore stocks enter bull market, catching up with Asian peers
SINGAPORE stocks have finally gained 21% from their March lows, as the city-state struggles to flatten the curve of the coronavirus pandemic amid the reopening of its economy.
