Australian stocks continued their strong run to finish more than four percent ahead for the week. The Australian dollar also continued to climb to it’s highest level since New Year’s Day. Phillip Lasker has today’s finance report. For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 … Read more Australian sharemarkets hold onto gains to end week strongly | Finance Report
Jun.05 — Hong Kong is ready to defend the currency’s link to the U.S. dollar with the support of the mainland, Financial Secretary Paul Chan told Bloomberg. He says the banks are positive towards the national security bill as they see the merits. Chan spoke exclusively with Bloomberg’s Stephen Engle in his only interview with … Read more Hong Kong Financial Secretary Chan: Ready to Defend U.S. Dollar Peg System
Chinese Premier Li Keqiang and senior government officials of more than 50 countries have attended an online summit to raise funds for global vaccination programs, including a COVID-19 vaccine, hosted by British Prime Minister Boris Johnson. Premier Li has announced a 20,000,000 U.S. dollar donation to the program. The Global Vaccine Summit is expected to … Read more Chinese Premier: China to donate 20 million U.S. dollar to Gavi vaccine alliance
The local sharemarket had it’s fourth rise in a row today, but the Australian dollar slipped back. Alan Kohler has today’s finance report. Read more of the ABC’s business coverage here: https://www.abc.net.au/news/business/ For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to us on YouTube: … Read more Sharemarket surge continues despite losses in the dollar | Finance Report
George Floyd, a 46-year-old African American, died after being handcuffed and pinned to the ground with a police officer’s knee to his neck. He said, many times, that he couldn’t breathe, but was ignored. And this incident has sparked protests and outrage across the U.S. It all began with Floyd being reported for allegedly trying … Read more Why does police brutality and racial bias keep showing up in the U.S.?
Australian markets shrugged off news of the recession, with strong gains by shares and currency. Alan Kohler has today’s finance report. For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to us on YouTube: http://ab.co/1svxLVE Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 You … Read more Australian dollar rises pinned by hopes of V-shaped economic recovery | Finance Report
Noon briefing by Stéphane Dujarric, Spokesperson for the Secretary-General. Highlights: – Yemen – Financing for Development – New Policy Brief on COVID-19 and People on the Move – Libya – Syria – Niger – Burkina Faso – Somalia – Ghana – Bolivia – El Salvador – Climate Change – Air Travel – Financial Contributions YEMEN … Read more Yemen Pledging Conference & other topics – Daily Briefing (2 June 2020)
As many bring up concerns about how to pay for stimulus measures, the dollar starts to lose value. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us … Read more What’s happening to the U.S. dollar?
“Lebanon’s finished.” That’s the prevailing sentiment among many residents in this nation these days, as it grapples with the worst economic crisis in its history. Today, nearly half of Lebanon’s six million people live below the poverty line. More than a third of the working population is unemployed, and the nation’s currency has lost 60 … Read more Can Lebanon come back from the brink? | The Stream
The Australian dollar surged over 68 cents on the back of strong iron-ore prices, and the Reserve Bank struck an optimistic tone during its board meeting, saying the downturn looks less severe than expected. Read more here: https://www.abc.net.au/news/2020-06-02/australia-dollar-surge-asx-wall-street-us-china-tension/12310220?section=business For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: … Read more Dollar surges off iron-ore exports as RBA strikes optimistic note | Finance Report
Property prices fell in most capital cities in May, but it’s not cause for concern… yet. With unemployment rising and immigration falling, there are landmines out there, but low interest rates are sparing home owners a lot of pain. Meanwhile, the Australian Dollar rose to its highest mark since February. Read more here: https://www.abc.net.au/news/2020-06-01/asx-drops-qantas-accc-investigation-competition/12306688?section=business For … Read more Housing market stays firm, as Australian dollar jumps | Finance Report
When people talk about the dominance of the U.S. dollar in global commerce, they often refer to it as a unique privilege of the Unied States that its currency is the world’s safe haven. But it’s not so clear who really benefits from the unique role played by the greenback. For one thing, there are … Read more Who Really Benefits From U.S. Dollar Dominance | Yakov Feygin
Minneapolis police and FBI officials speak to media about their investigation into the death of a handcuffed black man in police custody, George Floyd, on May 25. Speakers include U.S. Attorney Erica MacDonald, Rainer Drolshagen, FBI special agent in charge and Minnesota Department of Public Safety Commissioner John Harrington, Hennepin County Attorney, Michael Freeman. A man … Read more FBI Officials, Minneapolis Police Hold Briefing on George Floyd Killing