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Oil majors slash 2020 spending by 20% after prices slump
European shares inch higher but set for worst quarter since 2002
Oil plunges to 2002 lows, shares sink again
Tough Days May Lie Ahead for One of Asia’s Worst Equity Markets
By Administrator_India Capital Sands Thailand, one of Asia’s worst major equity markets this year, has suffered from the trade war,
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Panic buying forces British supermarkets to impose limits
Panic buying forces British supermarkets to impose limits
By Ritu, Capital Sands Panic buying by British shoppers escalated on Wednesday with shelves stripped bare by alarmed customers hoarding
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Asian Stocks Mixed as Volatility Continues
By Administrator_India Capital Sands Asian markets were mixed on Wednesday morning, as Japanese stocks outperforming its regional peers following the release
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Gold Declines as Virus Panic Spurs Sell Off Across Markets
By Administrator_India Capital Sands Gold declined as investors rush to raise cash to cover losses in other markets amid a
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In Delhi, riots deepen a Hindu-Muslim divide
In Delhi, riots deepen a Hindu-Muslim divide
By Ritu, Capital Sands For years, Hindus and Muslims lived and worked peacefully together in Yamuna Vihar, a densely populated
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Asian Markets Continue Rollercoaster Ride Despite Fed’s Monetary Bazooka 
By Administrator_India Capital Sands Asian markets continued their  rollercoaster ride  on Monday morning  in the aftermath of  a big rally in  U.S. markets  Friday  while
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Calls Rise for Emergency Dollar Funding, With Strains Escalating
Calls Rise for Emergency Dollar Funding, With Strains Escalating
By Ritu, Capital Sands Emerging signs of a rush for dollars in the global financial system have spurred calls for
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India’s current account deficit shrinks sharply in October-December quarter
By Administrator_India Capital Sands India’s current account deficit (CAD) narrowed further in the October-December quarter on the back of a
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Indian stocks crash into bear territory as coronavirus now a pandemic
Indian stocks crash into bear territory as coronavirus now a pandemic
By Ritu, Capital Sands The Indian stock market plunged into bear territory on Thursday, with the blue-chip Nifty 50 sliding
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A Clearly Rattled Trump Bans All Travel From EU Starting Friday
By Administrator_India Capital Sands President Trump addressed the nation a few moments ago. It was not a reassuring moment. President
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Oil majors slash 2020 spending by 20% after prices slump

By Ritu, Capital Sands The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia. Cuts already announced by eight major oil companies, including Saudi Aramco and Royal Dutch Shell , ...
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U.S. death toll spirals amid rush to build field hospitals, find supplies

By Administrator_India Capital Sands The U.S. government raced on Tuesday to build hundreds of makeshift hospitals near major cities as healthcare systems were pushed to capacity, and sometimes beyond, by the coronavirus pandemic. Even as millions of Americans hunkered down in their homes under strict “stay-at-home” orders, the death toll, as talled by sources, shot up by more than 850 ...
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European shares inch higher but set for worst quarter since 2002

By Ritu, Capital Sands European stocks inched higher on Tuesday with investors buying into defensive sectors as they awaited further signs that the economy could weather the fallout from a near total global shutdown to curtail the spread of the coronavirus pandemic. The pan-European STOXX 600 index was up 1.1% at 0706 GMT, with real estate stocks , utilities and ...
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Asian Stocks Rise on The Back of Better-Than-Expected Chinese PMI Figures

By Administrator_India Capital Sands Asian stock markets made modest gains as China announced a higher-than-expected Purchasing Manager’s Index data. China’s Shanghai Composite gained 0.41%, while Shenzhen Component was up 1.26% after data showed the country’s March manufacturing PMI came in at 52.0, compared with the record low of 35.7 last month. Analysts had expected a PMI of 45, according to ...
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Oil plunges to 2002 lows, shares sink again

By Administrator_India Capital Sands Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright spots, with Australian equities posting a standout jump as the government launched a super-sized support programme, but that was about it. Japan's Nikkei had led the rest ...
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Crude oil futures drop as pandemic darkens demand outlook

By Administrator_India Capital Sands Crude oil benchmarks fell sharply on Monday, with Brent hitting its lowest since November 2002, as the global coronavirus pandemic worsened and the Saudi Arabia-Russia price war showed no signs of abating. Brent futures were down 6.7%, or $1.68, to $23.25 a barrel, after earlier dropping to $23.03, the lowest since November 2002. U.S. West Texas ...
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Europe Slips After Recent Gains as Virus Cases Mount

By Administrator_India Capital Sands European stock markets traded lower Friday, with investors taking stock after recent hefty gains and as the coronavirus pandemic continues to reap damage throughout the region. At 04:10 ET (0510 GMT), the U.K.'s FTSE index was trading 3.9% lower, France's CAC 40 was down 3.0%, while the DAX fell 1.9%. The broader based Stoxx 600 Europe ...
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End-of-week Gains for Asian Stocks

By Administrator_India Capital Sands Asian stock markets were up on the last trading day of the week despite drops in Chinese industrial profits and a huge rise in U.S. jobless claims. China’s National Bureau of Statistics reported that industrial profits for January and February dropped 38.3% year on year, compared to a 6.3% drop in December 2019. The steepest drop ...
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Euro Benefits From Talk of ‘Corona’ Bonds

By Administrator_India Capital Sands The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark. At 4:10 ET (0810 GMT), EUR/USD traded at 1.0938, up 0.5%. Elsewhere, the U.S. Dollar Index, which tracks the greenback against a basket of six other ...
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Stocks run out of steam on U.S. job jitters, yen gains

By Administrator_India Capital Sands A two-day equities rally lost momentum on Thursday, and investors sold riskier currencies, as stimulus negotiations dragged on in Washington and investors fretted over a likely spike in U.S. jobless claims. MSCI's broadest index of Asia-Pacific shares outside Japan wobbled either side of flat. Japan's Nikkei slumped 4% and U.S. stock futures fell 1%. The dollar ...
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