The Bloomberg Global Aggregate Total Return Index of government and investment-grade corporate bonds has fallen more than 20% below its 2021 peak, the biggest drawdown since its 1990 inception. Under pressure from central bankers determined to quash inflation even at the cost of a recession, global bonds slumped into their first bear market in a […]
By Administrator_India Capital Sands Japanese Prime Minister Fumio Kishida on Monday prepared to tackle major policy decisions, including trying to pass an extra budget, after leading his ruling party to an unexpectedly strong election win to solidify his status in a fractious party. Stocks surged to a one-month high on relief the Liberal Democratic Party […]
By Administrator_India Capital Sands SEOUL North Korea said on Monday it will restore severed inter-Korean hotlines starting Monday but urged South Korea to step up efforts to improve relations, state media KCNA reported. North Korean leader Kim Jong Un expressed his willingness last week to reactivate the hotlines, which North Korea cut off in early […]
By Administrator_India Capital Sands Kuwait will resume commercial flights with India and Egypt, among other countries, while adhering to the COVID-19 measures set by a ministerial committee, a cabinet statement said on Wednesday. The decision also includes resuming flights with Bangladesh, Pakistan, Sri Lanka and Nepal, the government said.
By Administrator_India Capital Sands Gold prices were on track for their biggest weekly gain in more than two months on renewed signs that the U.S. Federal Reserve may not taper economic support and hike interest rates in the near term. Spot gold was steady at $1,827.28 per ounce by 0256 GMT, having hit its highest […]
By Administrator_India Capital Sands US pharmaceutical giant Johnson & Johnson has applied for authorisation for its coronavirus vaccine in the EU with a decision possible by the middle of March, Europe’s drugs regulator said Tuesday. The single-shot vaccine would be the fourth jab to be approved for use across the 27-nation European Union if it […]
By Administrator_India Capital Sands Bitcoin surged as much as 15% on Friday after Tesla founder Elon Musk changed his Twitter bio to “#bitcoin.” The digital asset spiked to $38,089.94 following the billionaire’s update, after having spent most of the week in a range between $31,000 and $33,000. The token hit an all-time high of over $41,000 earlier this […]
By Administrator_India Capital Sands Canada and Britain said they struck a short-term deal on Tuesday to ensure that free trade between the two after Brexit can continue until the Canadian parliament approves a new bilateral agreement. As Britain prepares to end its transition out of the European Union on Dec. 31, it has negotiated many […]
By Administrator_India Capital Sands A new variant of the novel coronavirus has been identified in the United Kingdom. England’s Chief Medical Officer Chris Whitty said on December 19 that the new variant of the coronavirus, which causes COVID-19, can spread faster. Scientists are working to confirm if the mutation leads to a higher mortality rate or […]
By Administrator_ India Capital Sands US President Donald Trump denied that he is planning to prematurely declare victory after the presidential polls are over on Tuesday, but hinted that he is gearing up for a legal battle post the election. “No, no that was a false report,” Trump told reporters at the Charlotte airport in […]