Thursday, Aug 13, 2020 | Last Update : 11:39 PM IST

142nd Day Of Lockdown

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Australia

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply

30 Jul 2020 8:56 AM

Gold soars to record high as dollar drops

The precious metal had stormed almost $40 higher at one point to reach $1,980 an ounce

28 Jul 2020 10:24 AM

Oil prices edge higher on expected US stimulus, weak dollar

The US dollar dropped to its lowest in nearly two years against a basket of six other major currencies on back of a surge in US virus cases

28 Jul 2020 9:02 AM

Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

Oil prices slip on demand fears as virus cases surge

The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal basis in nine years

02 Jul 2020 10:30 AM

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Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 9:25 AM

Nestle to rename two popular candies amid global backlash over racist branding

Last week, PepsiCo Inc said it would change the name and brand image of its Aunt Jemima pancake mix, which have been criticized as racist

23 Jun 2020 2:33 PM

Oil prices drop on concerns about slow demand, record US stocks

At the same time, gasoline stockpiles grew more than expected to 258.7 million barrels

11 Jun 2020 8:48 AM

Asia stocks extend rally on hopes of quick economic recovery

Markets have been particularly encouraged by a May U.S. jobs report last week that showed a surprise fall in the unemployment rate

09 Jun 2020 9:24 AM

Asia's stock rally pause ahead of U.S. jobs data, euro at one-and-a-half month top

Market sentiment has since been bolstered by powerful central bank stimulus

05 Jun 2020 9:12 AM

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Australia's economy shrinks in first quarter, headed for first recession in 30 years

The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying programme

03 Jun 2020 8:59 AM

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices

26 May 2020 8:42 AM

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 9:16 AM

Australian church fined for selling bleach as virus cure

The development comes weeks after US president Donald Trump was criticised for suggesting Covid patients could be treated with disinfectant.

13 May 2020 3:05 PM

Asian stocks stumble on fears of second coronavirus wave, oil up

As countries gradually ease restrictions in an effort to restart their economies, investors are anxious about a second wave of infections

12 May 2020 10:54 AM

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Australia readies to ease COVID-19 restrictions

Australia has fewer than 800 people still sick with COVID-19, and new cases have dropped below 20 each day

08 May 2020 11:13 AM

Australia's Usman Khawaja vows to bounce back after contract snub

There is talk that he is vulnerable against spin, but Khawaja thinks he is second only to Steve Smith

03 May 2020 2:35 PM

Labuschagne bracing up for 'heaps of cricket' when sport resumes

With coronavirus ruling out cricket for nearly three months of cricket, there is likely a lot of cricket once sport returns to the field

02 May 2020 11:37 AM

Ultimate goal is to beat India in their backyard: Justin Langer

Australians' goal has been the World Test Championship, but now they are thirsting to beat India in India and again at home

01 May 2020 5:39 PM

Australia plans to end lockdown restrictions earlier than planned

Daily new cases are now close to single figures, while some parts of the country have not seen a case in more than a week

01 May 2020 1:29 PM

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