Japan’s household spending falls at record pace as virus stalls economy

By Administrator_India Capital Sands Japan’s household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world’s third-largest economy, and prospects of higher job losses chilled consumer sentiment. The dismal number will keep policymakers under pressure to prevent a larger

Asian shares hit two-month high as economic optimism spreads

By Administrator_India Capital Sands   Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in economic recovery from the global coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%, earlier touching the highest since March 9. Shares in Australia rose

Asian stocks jump to 3-month high as recovery hopes outweigh looming risks

By Administrator_India Capital Sands Asian shares vaulted to a nearly three-month high on Wednesday as hopes of more stimulus and a further easing in social restrictions around the world outweighed caution over a host of worries from the coronavirus to growing U.S. civil unrest. MSCI’s broadest index of Asia-Pacific shares

Dollar Up Over Rising U.S-China Tensions and U.S. Protest Fears

By Administrator_India Capital Sands   The dollar was up on Tuesday morning in Asia, with investors turning to the safe-haven asset even amid optimism over the global economic recovery from the COVID-19 virus. TheĀ U.S. Dollar Index that tracks the greenback against a basket of other currencies gained 0.06% to 97.875.