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Japanese shares closed higher on Monday, tracking gains in global stock markets thanks to positive corporate results, but the gains were curbed by concerns about global Covid-19 cases that could weaken the country’s economic recovery further. The Nikkei rose 1.77% in early trading after a four-day weekend that saw the …

The safe-haven yen and the US dollar started the week on the rise against more risky currencies such as the Australian dollar, as the rise in Covid-19 cases and the decline of stocks in Asia led to a state of caution ahead of the Federal Reserve (US Central Bank) meeting …

The United States is the “inventor of coercive diplomacy”, China’s vice foreign minister Xie Feng told U.S. Deputy Secretary of State Wendy Sherman on Monday, according to a statement on the foreign ministry website.

Cryptocurrencies rallied strongly today, with Bitcoin surge during the morning by more than 15%, on news that Amazon may be adding cryptocurrencies as a payment method. Elon Musk tweeted that this is the “big bang.” The e-commerce giant is reportedly hiring experts for blockchain and cryptocurrency payments among the latest …

China asks the US to remove visa restrictions on Chinese communist party members, Xinhua News Agency reported, citing comments from the country’s Vice Foreign Minister Xie Feng following his meeting with the US Deputy Secretary of State Wendy Sherman.

Reports by British parliament members said that the government will be exposed to financial risks for decades as a result of spending 372 billion pounds on the Corona pandemic, adding that more than two billion pounds has been spent on unusable protection tools. The Parliament’s Public Accounts Committee said in …

The World Health Organization has called upon all countries around the world to cooperate in finding out the origin of the novel coronavirus, despite the Chinese rejection of the proposed scope for the second phase of the investigation, as the scope includes inspecting the hypothesis that the virus could have …

Silver finished the week with large losses that are the biggest in five weeks, due to the diminishing demand for safe havens as reflation fears eased and risk appetite improved among investors. The silver metal has now maintained a downward trend for three consecutive weeks. Silver futures lost 14.70 cents …

Oil prices continued to rise on Friday for the fourth consecutive session, scoring their first weekly rise in four weeks, with investors shrugging off concerns about output policy and a slower than expected recovery from the coronavirus crisis. The global benchmark Brent crude futures for September delivery added 31 cents …

Gold prices declined on Friday, extending their weekly decline that snapped a four-week rising streak, amid the rise of the U.S. Dollar (USD) and an improvement in risk appetite among investors, who seem to be less worried about reflation and slow recovery concerns. However, the yellow metal was supported by …