Kristalina Georgieva, the managing director of the International Monetary Fund, told CNBC Thursday that she has "no doubt" the U.S. will implement a new economic stimulus package that will help reduce the current uncertainties for the global economy.
European Central Bank President Christine Lagarde on Thursday said the central bank would be prepared to impose further emergency measures to tackle the economic fallout from the coronavirus crisis
European leaders are scrambling to put a cap on surging coronavirus infections in the region, with governments reimposing sweeping restrictions and shutdowns in an effort to curb infections.
U.S. equity valuations have become a "total nightmare" fueled by "young and dumb" investors, according to Cole Smead, president and portfolio manager at Smead Capital Management.
Twitter has confirmed it is going to start removing posts that deny the Holocaust from its platform just days after Facebook implemented the same policy.
As Europe introduces more and more restrictive measures to curb the spread of the coronavirus, full-scale lockdowns should be a "very, very last resort."
Washington is trying to put Ant Group on the U.S. Entity List, Reuters reported. But with the company's on the domestic market and very little business outside, a blacklisting is likely to have little impact.
China's massive onshore bond market offers investors a level of returns that may be hard to find elsewhere in the current environment of low interest rates, said Neeraj Seth, BlackRock's head of Asian credit.
The Chinese yuan will continue to strengthen against the U.S. dollar, even as China's central bank has taken steps to curb its currency appreciation, analysts said.
Xi said there should be more cooperation within the Greater Bay Area to attract young people from Hong Kong and Macao to the mainland and so "increase their sense of belonging to the motherland."