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Dollar Regains Ground as Coronavirus Spreads Globally

By Ritu, Capital Sands The dollar regained ground against a currency basket on Monday as a surge in new cases…

Zuckerberg accepts Facebook may pay more tax in different places

By Ritu, Capital Sands Facebook  Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may…

House Democrats call for $760 billion in infrastructure spending over five years

By  Administrator_India, Capital Sands U.S. House Democrats on Wednesday will unveil a proposed $760 billion infrastructure spending bill over five…

Forex – Markets Calm; Sterling Awaits Inflation Data

By Ritu, Capital Sands A tone of caution prevails in the foreign exchange markets Wednesday, ahead of the signing of…

Michael Patra appointed deputy governor of RBI for a three-year term

By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for…

Pound on Longest Losing Streak Since May on BOE Easing Talk

By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an…

Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes

By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro,…

Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

By Ritu, Capital Sands Oil prices rose more than 20% this year but there were no sharp spikes and crude…

Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes

By Ritu, Capital Sands Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S.…

Oil hovers near three-month high on trade optimism, supply cuts

By Ritu, Capital Sands Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors…