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Chinese currency strengthens to three-year high - Vimarsana News

Chinese currency strengthens to three-year high

The stronger Chinese currency softens the impact of hot commodity prices on the country’s producers, but will hurt Australian importers.

Source: afr.com
COVID-19 outbreaks knock Asian markets from records - Vimarsana News

COVID-19 outbreaks knock Asian markets from records

Stock indices in India, Taiwan and Japan have tumbled from their peaks in recent weeks as new waves of coronavirus infections spread.

Source: afr.com
Japan's searing stock rally pauses for breath, and validation - Vimarsana News

Japan's searing stock rally pauses for breath, and validation

5 Min Read TOKYO, April 28 (Reuters) - A scorching rally in Japanese shares that appeared to have run ahead of economic prospects has stalled, but analysts are betting it will resume as early as mid-year as the country’s heavily cyclical stocks thrive on global growth. A world-beating 33% rally in the Nikkei 225 from the end of October has faltered around the 30,000 mark since mid-February, even as other major stock indexes reached for new highs almost every week, led by U.S. equities. Faith in the recovery from the COVID-19 pandemic that had made the Nikkei the darling of investment bets o...

'Breakdown Lockdown': Grand Canyon School Students' Original Song Inspired By Pandemic - Vimarsana News

'Breakdown Lockdown': Grand Canyon School Students' Original Song Inspired By Pandemic

Songwriting is a complex process. But writing a song during a pandemic with no recording experience nor equipment is even harder. Music students at the Grand Canyon School, a K-12 school located in the south rim of the Grand Canyon, were able to create an original song with virtual help from Grand Canyon School of Rock musicians. Their song was later featured at the Grand Canyon Music Festival.  “Breakdown Lockdown” is an ode to living during a pandemic as a teenager; it captures the frustrations of isolation and coping with anxiety. Even with all the limitations, Robert Boaz Curry-El, t...

Source: kjzz.org
Company earnings are rebounding, but anything short of perfect could be trouble - Vimarsana News

Company earnings are rebounding, but anything short of perfect could be trouble

The Globe and Mail Matt Phillips Bookmark First-quarter earnings season picks up steam this week, with analysts expecting that profits for S&P 500 companies rose roughly 27% in the three months through March, compared with a year earlier, when the pandemic sent corporate earnings into a tailspin. Companies such as Netflix, AT&T and American Express are all slated to issue results this week, offering a relatively well-rounded look at the state of corporate America in the early days of what could be a powerful year for the U.S. economy. It might also help set expectations for the stock marke...