Weaker Environment Pushes BP to Replacement Cost Loss

Yen Gains, Yuan Drops as Shares Slip on China Virus

The Japanese yen advanced and the yuan tumbled versus the greenback on Tuesday as the spread of a pneumonia-like virus in China started an abrupt episode of risk avoidance and sent Asian shares sliding. Photo: Flickr The yuan skidded versus the greenback in onshore and offshore exchange after a Chinese health expert said […]

U.S. Stocks Mixed, Chinas Steps to Contain Virus Assessed

U.S. stock markets closed on Wednesday mixed as strong earnings reports from tech sector couldn’t offset the events in China as the world is awaiting the concrete measures from China to not allow flu pandemic. The aggressive coronavirus spread threatens to affect the global economic growth. Photo: Reuters The Dow Jones eased by […]

Gold Up as Shares Tame Down on Growth in Coronavirus Cases