coronavirus

Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus

In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail…

5 years ago

Bookies will lose billions as no sport means no bets are placed!

With airlines tiptoeing on the edge of collapse,  empty hotels filing for bankruptcy, and restaurants forced to shut their doors for the…

5 years ago

Welcome to the bear market: global stocks have had their worst day since the crash of 1987

As the spread of the coronavirus continues to wreak havoc, stock markets around the world have continued their freefall. The…

5 years ago

Now is the time to borrow: Bank of England slashes interest rates to 0.25%

In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has…

5 years ago

Korean Air forced to ground 80% of flights

Korean Air, the largest airline in South Korea, is currently fighting for survival after the outbreak of the coronavirus has…

5 years ago

Lobster for dinner? This luxury treat is now selling at bargain prices!

Lobster, a seafood delicacy which is usually only eaten on special occasions, has seen its price slashed by over 50%.…

5 years ago

Paper gold: could the price of toilet paper be about to skyrocket?

With growing concerns over the spread of the coronavirus in Australia, supermarkets and other retailers have been stockpiling supplies of…

5 years ago

Coronacrisis in Japan: hotel is forced to file for bankruptcy

A hotel in Japan which is popular amongst Chinese tourists has been forced to file for bankruptcy following a sharp…

5 years ago

Here is ten thousand HK dollars… Help kickstart our economy!

In an unprecedented move to help boost the ailing Hong Kong economy, the financial secretary Paul Chan has announced a…

5 years ago

Corona Credit Crunch for many Chinese businesses

With millions of people in self-imposed quarantine across China and severe travel restrictions, small and medium sized businesses could be…

5 years ago

Oil prices make a 2% comeback after a 5-day slump

After 5-days of significant loss, oil prices made a comeback on Wednesday with prices increasing by just over 2%. Reports…

5 years ago

Chinese economy could take a US$60 billion hit following the deadly coronavirus outbreak

The economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure:…

5 years ago