Day: May 13, 2020

Indian bonds gain after early fall; fiscal package details awaited
Economy News

Indian bonds gain after early fall; fiscal package details awaited

By Ritu, Capital Sands Indian bonds recovered from early falls on Wednesday as investors chose to wait for details of the government’s 20 trillion rupee ($266 billion) fiscal package aimed at supporting an economy ravaged by a weeks-long coronavirus lockdown. Prime Minister Narendra Modi said on Tuesday night that the package was equivalent to nearly […]

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Covid-19
South Korea

South Korea’s jobs fall in April at sharpest pace since 1999

By Administrator_India Capital Sands South Korea’s unemployment rate was unchanged in April but the number of employed fell at its fastest in more than two decades, data showed on Wednesday, as efforts to contain the coronavirus pandemic shut businesses and cut social activity. The nation’s unemployment rate was a seasonally adjusted 3.8% in April, unchanged […]

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