Key indexes on Wall Street plunged more than 2 per cent Wednesday, while European markets sank amid virus fears and rekindled trade tensions between Brussels and Washington.
Updated International Monetary Fund economic forecasts also hit investor sentiment, with the institution predicting the global economy would contract by 4.9 per cent this year and warning the downturn is a"crisis like no other".
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tokyo: Nikkei index opens slightly higher on Wednesday[TOKYO] Tokyo's key Nikkei index opened modestly higher on Wednesday as a higher yen against the dollar and profit-taking offset support from rallies on Wall Street. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open lower on Thursday[TOKYO] Tokyo stocks opened lower on Thursday after European and US stock markets plunged on worries over resurgent coronavirus infections. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks close higher[TOKYO] Tokyo stocks closed moderately higher on Tuesday, led by gains in high-tech shares, as investors took heart from rallies on Wall Street. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »