Thursday , 25 December 2025

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Traders turn nervous on Japan stocks after ascent

Bloomberg Going uphill is looking increasingly unlikely for Japanese stocks that are about to cap their best quarter since at least 2016. Recent events are starting to make some investors nervous, leading to a selloff in Japanese stocks by foreign holders. US Sun Belt states are wrestling with mounting coronavirus cases, while the European Union works to bar Americans from …

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Oil gains as weaker dollar offsets fears over resurgence of virus

Bloomberg Oil steadied in New York as the boost from a weaker dollar offset concerns that the resurgence of coronavirus will crimp fuel demand. Futures held above $38 a barrel, recouping earlier losses of 2.6% as the slide in the US currency made dollar-priced commodities an attractive hedge. Still, sentiment in crude markets remained fragile after last week’s 3.2% slide. …

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Africa seeks another $44b to fight coronavirus pandemic

Bloomberg Of the more than $110 billion in additional funding that sub-Saharan Africa will need this year to fight the coronavirus pandemic, $44 billion has not been financed yet even after several countries have taken up emergency loans and debt-service relief initiatives, according to the International Monetary Fund (IMF). The funding needs persist despite the IMF approving debt-service relief for …

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