Related Articles
Global stocks rally in big rebound, safe-havens lose luster
By Herbert Lash NEW YORK (Reuters) – Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets eased as investors took a less pessimistic view of the potential economic fallout from China’s coronavirus outbreak. Gold fell and the Japanese yen dipped against the dollar, but risk aversion in currency markets persisted, […]
Five people flown to hospital after Queenstown jet boat crash
Twelve people have been treated by paramedics after a jet boat crash near Queenstown. Five of those people have also been flown to hospital, with four in a moderate condition and one suffering serious injuries, a St John Ambulance spokeswoman confirmed. Emergency services rushed to the scene of a jet boat crash on the Shotover […]
Bank of England to finance UK government if markets turn sour
By David Milliken LONDON (Reuters) – The Bank of England has agreed to temporarily lend the government money if needed to help finance its massive COVID-19 spending plans, reviving a measure used during the 2008 financial crisis. Sensitive to claims it is resorting to ‘monetary financing’, or permanently supporting government spending by printing money, the […]