Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.
Several U.S. states including Oklahoma, where President Donald Trump plans a campaign rally on Saturday, reported a surge in new coronavirus infections.
China’s capital cancelled scores of flights, shut schools and blocked off some neighbourhoods as it ramped up efforts to contain a coronavirus outbreak that has fanned fears of wider contagion.
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Asian stocks set to fall as Wall St snaps 3-day winning streakAsian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
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Global stock markets rally as US government and Fed stimulus hopes emergeStock markets around the world are bouncing back on Tuesday after the U.S. Federal Reserve announced an expansion to its incursion into the corporate credit market.
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Asian governments turn to 'lawfare' as war on the press goes to the courtsRodrigo Duterte's muzzling of the press in the Philippines could present a model for authorities in Hong Kong, where a sweeping new national security law is due to be imposed in coming weeks | Analysis by jgriffiths
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Asian shares jump, yields rise as Fed readies corp bond buyingAsian shares and Wall Street futures rallied on Tuesday as the formal start of the Federal Reserve's corporate bond buying programme boosted global investor sentiment and calmed earlier worries about a second wave of coronavirus infections.
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