Business

Wall Street opens higher on global recovery signs

NEW YORK, United states (AFP) -- Wall Street opened higher on Monday as traders took heart from news of falling…

Stocks surge on hopes for easing virus crisis

LONDON, United Kingdom (AFP) -- Global equity markets strongly rebounded Monday as some of the world's worst-hit countries reported falling…

OPEC, allies to seek response to coronavirus pandemic

by Benoît PELEGRIN Agence France-Presse LONDON, United Kingdom (AFP) -- OPEC and its allies will meet to discuss oil production…

Asian markets mostly higher but virus uncertainty casts shadow

HONG KONG, China (AFP) -- Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh…

Asia markets mostly up after Wall St rally but nerves remain

HONG KONG, China (AFP) -- Most Asian equities enjoyed gains Tuesday following another rally on Wall Street, while oil bounced,…

Air Canada to temporarily lay off half its workforce

MONTREAL, Canada (AFP) -- Air Canada announced Monday it would temporarily lay off nearly half of its employees and reduce…

Singapore eases monetary policy as virus slams economy

SINGAPORE (AFP) -- Singapore's central bank eased monetary policy Monday as the city-state, seen as a bellwether for the health…

Oil prices at 17-year lows as virus ravages world

  SINGAPORE (AFP) -- Oil prices extended losses in Asian trade Monday and languished at 17-year lows, with the coronavirus…

EU to propose new post-virus economic stimulus package

  BRUSSELS, Belgium (AFP) -- The European Commission will propose a new stimulus package to help the bloc recover from…

IMF chief: “It’s clear we have entered recession”

WASHINGTON, United States (AFP) -- The coronavirus pandemic has driven the global economy into a downturn that will require massive…

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