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Asian stocks adrift as vaccine rally falters 0

By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive

Dollar Consolidates, Still in Demand 0

Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession. At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.362,

Cafes and churches open in Italy and Greece; Spain eyes summer reboot 0

Capital Sands Italian shops, restaurants, and churches reopened their doors to spring sunshine on Monday, Greece welcomed visitors back to the Acropolis – and Spain hoped for tourists to return in summer in cautious steps to ease coronavirus lockdowns. Italians could once again sip their morning cappuccino at the bar, albeit at a distance

US military’s mystery space plane rockets back into orbit 0
- International, United States
- May 18, 2020
1 of 6 The U.S. military’s mystery space plane rocketed into orbit again Sunday, this time with an extra load of science experiments. It’s the sixth flight of an X-37B, a solar-powered plane that’s flown by remote control without a crew. Officials aren’t saying how long the spacecraft will remain in orbit this time or
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Dubai 22K gold price touches Dh200 a gram for first time in nine years 0
- Business, Covid19, Economy, Gold
- May 18, 2020
Dubai: The official gold rate in Dubai has touched Dh200 a gram for the first time in nine years. Anyone buying gold now – few are – will also have to fork out an additional 5 per cent on that. “Gold’s turning super-hot – for consumers and retailers,” said a trader. “At these levels, it’s
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With 42% living in slums, virus casts long shadow across Mumbai 0
- Covid19, India, Mumbai
- May 18, 2020
MUMBAI: In 1898, colonial authorities created the Bombay Improvement Trust on the heels of a devastating plague to upgrade living conditions in the city. The trust opened up congested neighbourhoods, built housing for workers, and laid down strict rules for ventilation and sanitation. Their measures shaped modern Bombay. Amidst a new pandemic, it’s clear the
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