Oil prices slip on uncertainty over U.S. recovery, stimulus
By Administrator_India Capital Sands Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United States on a new stimulus deal. U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents […]
Australian state to deploy military, impose hefty fines to enforce COVID-19 isolation
By Administrator_India Capital Sands Australia’s second-most populous state Victoria said on Tuesday military personnel will be deployed to enforce COVID-19 isolation orders, with anyone caught in breach of those rules facing hefty fines as high as A$20,000 ($14,250.00). Australia, once heralded as a global leader in containing COVID-19, is desperately trying to slow the […]
Asian stocks falter as global growth fears temper tech boost
By Administrator_India Capital Sands Asian shares wobbled in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment, despite strong U.S. tech earnings and signs of manufacturing recovery in China and Japan. The U.S. dollar was also set for its worst month in […]
Gold Up at Near Nine-Year Record High Over Continued Market Uncertainty
By Administrator_India Capital Sands Gold climbed close to a nine year high on Thursday morning in Asia, with sluggish economic recovery and rising political tensions between the U.S. and China driving investors to the safe-haven asset. Gold futures were up by 0.15% to $1,867.85, not far below its record high of $1,920.70 in 2011. Stocks, which usually move […]
Gold Down Over New COVID-19 Vaccine Hopes, Continued Stimulus in Europe
By Administrator_India Capital Sands Gold was down on Friday morning in Asia over new hopes for COVID-19 vaccines coming out of both the U.S. and U.K., and the European Central Bank (ECB) signalling that it may leave interest rates and stimulus unchanged in the near future. Gold futures were down by 0.12% to $1,798.15, retreating […]
Yuan Turns Into Global Risk Bellwether as China Leads Recovery
By Administrator_India Capital Sands As the dollar shows signs of exhaustion, the yuan is taking over as the barometer of global risk sentiment. A worldwide rally in stocks, bonds and commodities is decoupling from the U.S. currency, which entered a bearish phase in June and is grinding lower for a fourth month. The rally is […]
‘Weaponized’ Facebook fails to protect civil rights, audit report says
By Administrator_India Capital Sands Facebook Inc’s decisions to allow controversial posts by President Donald Trump established a “terrible precedent” that could allow the platform to be “weaponized to suppress voting,” an external civil rights audit found on Wednesday. The report, which Facebook commissioned two years ago, said the social network has not done enough […]
Indian soldiers unarmed and caught by surprise in China clash, families say
By Administrator_India Capital Sands Indian soldiers who died in close combat with Chinese troops last month were unarmed and surrounded by a larger force on a steep ridge, Indian government sources, two soldiers deployed in the area and families of the fallen men said. One of the Indian soldiers had his throat slit with […]
U.S., EU advocacy groups warn against Google’s purchase of Fitbit
By Administrator_India Capital Sands Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google’s $2.1 billion bid for fitness tracker company Fitbit Inc because of privacy and competition concerns. The 20 organizations – which include the U.S.-based Public Citizen, Access Now […]
As Japan re-opens, a hospital grapples with coronavirus aftermath
By Administrator_India Capital Sands Doctors in white coats and blue scrubs sat around a conference room table in June, looking up at a colourful slide projected on the wall. “How is anyone supposed to memorize this?” a doctor sitting in the back asked as Yoshihiro Masui, the director of Yokohama City Seibu Hospital’s critical […]