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Asia shares consolidate, China cuts another interest rate

Asia shares consolidate, China cuts another interest rate

By  Administrator_India Capital Sands Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for business. China moved again to cushion its economy, cutting

Europe Higher, Boosted by Deutsche Telekom, Covestro

Europe Higher, Boosted by Deutsche Telekom, Covestro

By Ritu, Capital Sands European stock markets pushed higher Wednesday, helped by strong earnings from index heavyweight Deutsche Telekom , while market participants looking to central banks to mitigate the damage caused by the outbreak of the coronavirus in China. The U.K.’s FTSE index traded 0.8%

India stocks lower at close of trade; Nifty 50 down 0.44%

India stocks lower at close of trade; Nifty 50 down 0.44%

By Ritu, Capital Sands India stocks were lower after the close on Tuesday, as losses in the Metals, Auto and Real Estate sectors led shares lower. At the close in NSE, the Nifty 50 lost 0.44%, while the BSE Sensex 30 index lost 0.39%. The best performers of the session on the Nifty 50 were

Europe Seen Edging Higher After PBoC Eases Policy Again

Europe Seen Edging Higher After PBoC Eases Policy Again

By Ritu, Capital Sands European stock markets are set to open a little higher Monday, helped by further efforts by the Chinese authorities to limit the damage caused by the coronavirus outbreak. Volumes are likely to be limited, though, with the U.S. markets closed. Earlier