By Administrator_India, Capital Sands The U.S. Senate impeachment trial of Donald Trump enters a new phase on Friday as senators deliberate and aim to vote on whether witnesses and new evidence should be sought before voting on acquittal or conviction of the Republican president. Late on Thursday, senators completed two days of questioning of Trump’s […]
By Administrator_India, Capital Sands Wall Street finished solidly higher Thursday, coming back from a day of mostly sharp losses, after the World Health Organization declared the coronavirus a global health emergency, but backed China’s efforts to contain the outbreak, calming fears of a global pandemic. The S&P 500 rose 0.31%, while the Nasdaq Composite gained 0.26% and the Dow Jones […]
By Administrator_India, Capital Sands The Euro Pound exchange rate rose by 0.3% this morning, with the pairing currently trading around £0.848 as UK markets remain jittery ahead of this afternoon’s Bank of England interest rate decision.The BoE’s decision is on a ‘knife-edge’. With just one day to go until the UK officially leaves the European […]
By Administrator_India, Capital Sands The S&P closed lower Wednesday as the Federal Reserve left interest rates unchanged and investors digested mixed corporate earnings. The S&P 500 fell 0.09%, while the Nasdaq Composite rose 0.06% and the Dow Jones Industrial Average added 0.04%. The Federal Reserve left interest rates unchanged and signaled that it would continue with its repo funding through the […]
By Administrator_India, Capital Sands The danger of committing to an inflation target and difficulty of managing expectations were debated in earnest at the Bank of Japan a decade ago, showed transcripts released on Wednesday, as U.S. and European central bankers grapple with similar topics. The U.S. Federal Reserve and the European Central Bank have been […]
By Administrator_India, Capital Sands A motion for Iran to quit the nuclear Non-Proliferation Treaty (NPT) was introduced in parliament on Tuesday, the assembly’s news site ICANA reported, in a move that appears to raise the stakes in Tehran’s confrontation with the West. The report did not say when parliament might vote on the motion. Iran’s […]
By Administrator_India Capital Sands The United States warned against travel to China on Monday and Canada issued a more narrow travel warning as the death toll from the spreading coronavirus passed 100, with tens of millions stranded during the biggest holiday of the year and global markets rattled. Global stocks fell, oil prices hit three-month […]
By Administrator_India, Capital Sands Sight deposits at the Swiss National Bank increased only marginally last week, suggesting President Thomas Jordan and his colleagues aren’t taking much action to counter the strengthening franc. Iran-U.S. tensions and fears about the spreading Coronavirus has lifted the haven franc this year. Earlier on Monday, it breached the 1.07 per euro mark […]
By Administrator_India, Capital Sands The Government of India will completely exit from Air India, including in units Air India Express and Air India SATS, in what is a major step to ensure success in its second attempt at the disinvestment the national carrier. “The Government of India (GOI) has given ‘in-principle’ approval for the strategic disinvestment of […]
By Administrator_India, Capital Sands Britain’s finance ministry has appointed Christopher Woolard as interim chief executive of the Financial Conduct Authority to navigate the financial sector after Brexit. CEO Andrew Bailey leaves in March to become governor of the Bank of England, when Woolard will take over the FCA as interim chief executive. Woolard is currently […]