Asian shares were under water on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets, lofting the dollar to three-year highs.
Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on any early action to cut output to support the market.
Asian shares were under water on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets, lifting the dollar to three-year highs.
Pymnts | February 18, 2020 Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. The startup
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track.
Global financial regulators risk falling behind on rapid innovation in the digital payments industry and need to work more quickly to devise rules for crypto-currencies or "stablecoins", the chair of a global finance watchdog said on Wednesday.
Wall street was set for a stronger open on Wednesday as signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy helped investors shake off worries stemming from Apple's sales warning.
The catalyst for Tesla stock is once again a big call on Wall Street.
The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy.
It looks as though German and European policy makers are working towards rules governing vendors of telecoms network equipment that Deutsche Telekom can live with,
Several Democratic presidential candidates have proposed a financial transaction tax to rein in wealth inequality, but the cost could extend to the population it's meant to help: everyday Americans.
French prosecutors said on Wednesday they had assigned a judge to formally investigate various allegedly suspect financial dealings linked to Renault , which a judicial source said were related to the carmaker's former boss Carlos Ghosn.
The catalyst for Tesla stock is once again a big call on Wall Street.
The defense business of Airbus on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts.
The dollar gained while U.S. and European equity indexes scaled fresh peaks on Wednesday after China reported another decline in new coronavirus cases and on expectations of Chinese stimulus to counter a slowdown in growth.