By Administrator_India, Capital Sands Stocks plunged in late selling Thursday as fears of a global pandemic intensified. The S&P is on pace for its worst weekly loss since the Financial Crisis as investors feared a jump in coronavirus infections in the U.S. could derail economic growth. The S&P 500 closed down. 4.4%, The Dow Jones Industrial Average was down […]
Month: February 2020
Australia fourth quarter capital spending slips, bolsters need for more RBA support
By Administrator_India, Capital Sands Australian business investment unexpectedly fell last quarter led by declines in the mining and building sectors, frustrating hopes for a long-awaited pick up in spending and reinforcing expectations of yet another rate cut later this year. During the December quarter, investment stumbled 2.8% to A$28.5 billion ($18.8 billion), figures from the […]
EU faces productivity, debt reduction, investment challenges
By Ritu, Capital Sands Productivity is not growing fast enough in the European Union, investment is still too low and public debt remains high in countries most in need of reducing it, the European Commission said on Wednesday as it outlined a growth strategy for the bloc. In annual recommendations to all EU countries, the […]
Asian shares slump, bonds rally as virus fears grow
By Administrator_India, Capital Sands Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows. The S&P 500 .SPX and the Dow Jones Industrial Average .DJI both shed more than 3% on Tuesday in their fourth […]
Nifty, Sensex inch higher, no big support from Trump visit
By Ritu, Capital Sands Indian shares were slightly higher on Tuesday as Asian markets steadied after a steep sell-off a day earlier, while U.S. President Donald Trump’s two-day visit failed to boost sentiment. The broader NSE Nifty 50 index .NSEI was up 0.2% at 11,854 as of 0403 GMT, while the benchmark S&P BSE Sensex .BSESN also rose 0.2% […]
Mexico’s economy ministry hit by cyber attack
By Administrator_India, Capital Sands Mexico’s economy ministry detected a cyber attack on some of its servers on Sunday but did not consider sensitive information to have been compromised, and beefed up safety measures, it said in a statement. It was the second high-profile cyber attack on the Mexican government after hackers demanded $5 million in […]
South Korea becomes biggest coronavirus centre outside China
By Ritu, Capital Sands South Korea reported 161 more coronavirus cases Monday, taking the nationwide total to 763 and making it the world’s largest total outside China. The country has seen a rapid surge in the number of coronavirus cases — adding more than 700 cases in less than a week — since a cluster […]
Protests in New Delhi against India’s citizenship law ahead of Trump visit
By Administrator_India, Capital Sands Police used tear gas to disperse large crowds in India’s capital of New Delhi on Sunday in the latest eruption of violence at protests over a new citizenship law, police officials said. Hundreds of people supporting the new law clashed with those opposing it, with the two groups pelting each other […]
INDIAN INSTITUTION ENGINEERS (IIE) IS PROVIDING GUNIUNE CERTIFICATES EQUIVALENT TO BE/B TECH OR DIPLOMA ENGINEERING
Reportedly the education industry is worth over Rs. 12,000 crores worldwide. Reportedly Sounds similar but both captioned organizations are different (https://www.ieindia.org/and http://iieinstitution.com/ are not the same). MHRD should come out with a detailed statement on which is best Institution. Otherwise, lakhs of students will get duped in India and abroad. MHRD Notification recognizing 15 courses of Sections A […]
China cuts benchmark lending rate to prop up virus-hit economy
By Administrator_India, Capital Sands China cut the benchmark lending rate on Thursday, as widely expected, as the authorities move to lower financing costs for businesses and support an economy jolted by a severe coronavirus outbreak. The epidemic has disrupted global supply chains and caused widespread disruption to businesses and factory activity in China, prompting authorities […]