by dellons | Apr 13, 2020 | Business News
Insurance giant QBE is embarking on a $US825 million ($A1.3 billion) raising to build a buffer against the impacts of the coronavirus pandemic. The company, which also said premium growth had been strong in the first quarter, is the latest in a growing list of...
by dellons | Apr 13, 2020 | Business News
The International Monetary Fund has cancelled six months of debt payments for 25 of the world’s most impoverished countries so they can help tackle the COVID-19 pandemic. IMF Executive Director Kristalina Georgieva issued a statement saying the IMF executive...
by dellons | Apr 13, 2020 | Business News
Gold soared over 1.5 per cent to its highest in more than seven years as panicked investors scurried towards the safe-haven metal on fears of coronavirus blow to the global economy and US corporate earnings. Spot gold surpassed the key $US1,700 pivot to touch its...
by dellons | Apr 13, 2020 | Business News
Copper futures prices climbed to their highest in nearly four weeks on supply worries, following a fall in inventories and operations suspension in major producer nations. The most-traded copper contract on the Shanghai Futures Exchange climbed as much as 1.9 per cent...
by dellons | Apr 13, 2020 | Business News
Oil prices were mixed as the historic production-cut deal inked by major global oil producers was not enough to assuage existing worries about the demand destruction brought on by the coronavirus pandemic. Brent futures rose 26 US cents, or 0.8 per cent, to settle at...
