Day: April 30, 2020

Apr 30

Asian shares rise on hopes for drug to treat coronavirus

Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to override data showing the U.S. economy had logged its worst quarterly performance since 2009. Asian Shares Japan’s benchmark Nikkei 225 surged 2.6% in morning trading to 20,277.56. […]

Apr 30

Oil prices rise amid early signs of fuel demand picking up

Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up. West Texas Intermediate (WTI) crude futures climbed to a high of $17.75 a barrel and were up 9.2%, or $1.39, at $16.45 at […]

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