An employee serves coffee wearing a face shield and gloves at a cafeteria in San Sebastian as Spain moves towards easing its strict lockdown. – AFP pic, May 12, 2020.
FEARS of a second wave of coronavirus infections in some parts of the world weighed on equities today, bringing a dose of hard reality to markets after weeks of rallies fuelled by the easing of lockdown measures and hopes for economic recovery. As some of the worst-hit countries including Spain, Italy and France take heart from slowing death and infection rates, they are gradually allowing businesses to open up and try to get back to some semblance of normality.
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US stocks open lower as market weighs restarts | Malay MailNEW YORK, May 11 — Wall Street stocks fell early today, pulling back somewhat from a rally driven by optimism over US states reopening their economies after coronavirus shutdowns. About 25 minutes into trading, the Dow Jones Industrial Average was down 0.8 percent to 24,133.71. The...
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Stocks climb as investors cling to lockdown loosenings | Malay MailLONDON, May 11 — European shares climbed today as investors clung to signs that more countries were restarting their economies and looked past reports of a pick-up in new coronavirus cases. The gains for stocks, while small, began in Asia where markets cheered further loosening of coronavirus...
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Foreigners sell S. Korean stocks for three monthsSEOUL: Foreign investors sold South Korean stocks for three straight months to April on worry about the Covid-19 (coronavirus) outbreak across the world, financial watchdog data showed Monday (May 11). Foreigners sold a net 5.39 trillion won (US$4.4 billion) worth of local shares in April.
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Stocks rise as more economies emerge from lockdownSYDNEY/HONG KONG: Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases.
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