The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.

Industrial businesses in one Nebraska city implement safety procedures and adapt to social distancing guidelines in order to keep the doors open during the coronavirus pandemic. WSJ’s Erin Ailworth reports from Grand Island, Neb. Photo: Erin Ailworth

In an effort to halt the spread of the coronavirus, New York City has begun suspending service to its entire subway system nightly between 1 a.m. and 5 a.m. so cleaning crews can disinfect its thousands of trains. Photo: Spencer Platt/Getty Images

As per the seat-sharing agreement between Congress and DMK, Congress will contest from 21 seats and DMK from nine

Nazeem, first elected to the assembly from Karaikal as a 29-year old DMK worker in 1991, retained the seat in all subsequent elections

The assembly elections will conclude on May 19, when the results will be declared

Modi's tweet in the morning adjured people to be a part of 'festival of democrtacy'

While it lost elections in the ruling Assam and Kerala, Indian National Congress has received some form of relief as it has emerged as single largest party with 15 seats at Puducherry and could form government in the Union Territory.Together, the ...

Narayanasamy called on Puducherry Lieutenant Governor Kiran Bedi in this regard

Main Street: Ordinary Americans protesting to reopen the economy face only contempt from elites. Images: AFP/Getty Composite: Mark Kelly

Main Street: Democrats learn the #MeToo standard is impossible to sustain without hypocrisy. Images: Bloomberg/EPA-EFE/Shutterstock/Zuma Press Composite: Mark Kelly

North Korea on Tuesday morning fired a salvo of suspected cruise missiles towards the Sea of Japan, also known as the East Sea, according to South Korea's Joint Chiefs of Staff (JSC).The "multiple projectiles" fired from Munchon in eastern Kangwon province were believed to be "surface-to-ship cruise missiles," the JCS said in a statement cited by Al Jazeera.The missiles flew for approximately 150 kilometres (93 miles) before splashing into the waters off the east coast.The launches come on the eve of the birthday of North Korea's founder Kim Il Sung and South Korea's general elections.The JCS said South Korea's military is monitoring possible additional launches by North Korea.In recent weeks, North Korea has carried out a series of short-range missile and other weapons tests amid stalled nuclear talks with the United States.Last month, it fired nine ballistic missiles in four rounds of tests, according to analysts.On Sunday, North Korean state media reported leader Kim Jong Un had ...

A US-based research company has found that China limited the flow of the Mekong River following the construction of a number of its sprawling dams in its territory in the backdrop of a severe drought in the region last year.The report comes at a time when the entire world is grappling with the coronavirus pandemic since late last year, when the virus first made its appearance in Wuhan, the capital of central China's Hubei province."The satellite data does not lie and there was plenty of water in the Tibetan Plateau, even as countries like Cambodia and Thailand were under extreme duress," said Alan Basist, who co-wrote the report, which was released on Monday, for Eyes on Earth, a water resources monitor."There was just a huge volume of water that was being held back in China," Basist was quoted by New York Times as saying.Farmers and fishermen across the Mekong region were devastated as the water level in portions of the river dwindled due to dams commissioned by China which has been .

Nepal has decided to extend its nation-wide lockdown imposed in view of surging coronavirus cases for 12 more days till April 27.The decision taken during a Cabinet meeting on Tuesday comes after a sudden rise in coronavirus cases in the Himalayan country. This would be the third extension to the lockdown that was first imposed on March 24.The Council of Ministers' meeting chaired by Prime Minister KP Sharma Oli decided to extend the lockdown till April 27. Earlier meeting of the Cabinet had extended the lockdown till April 15, which was set to end on Wednesday mid-night.The Nepali government has also decided to ban all commercial international flights till April 30.Two more people have tested positive for the coronavirus in the national capital. They had a travel history to the United Kingdom.Ministry of Health and Population said in a statement: "A family of three residing in Sun City Apartment of Pepsi Cola Town Planning were tested for COVID-19 on April 13 where two persons, a ...

People in Pakistan occupied Kashmir (PoK) are facing discrimination at the time of COVID-19 outbreak as they are being denied benefits under the Ehsaas Emergency Cash Programme launched by Pakistan Prime Minister Imran Khan.Pakistan government launched the Ehsaas Emergency Cash programme under which Rs. 12,000 grant is to be provided to around 12 million families across the country including those from PoK.But like all other schemes announced by Pakistan in the past, this too has excluded an already discriminated and deprived PoK populace of the benefits, as the residents have received nothing but despair after standing in long queues for hours outside the designated banks.A local woman said, "Our house caught fire and everything got burnt. Even our daughter faced severe injuries. Today we have nothing with us, not even food and we are getting no help. Our daughter got treated in Rawalpindi but now we don't have money to continue with her treatment. We came to know that we will be ...

The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse than the 2008-09 financial crisis.The IMF on Tuesday its yearly World Economic Outlook, providing a grim picture of the world economy amid global lockdown due to the coronavirus pandemic, which has jolted the world by claiming over one lakh lives globally.The IMF has, however, given a bullish projection about India's economic growth in 2021, pegging the growth rate at 7.4 per cent.Gita Gopinath, Chief Economist and Director of the research department at IMF said in her opening remarks, "The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus.""The health crisis is, ...

The Department of Health and Social Care has reported that at least 12,107 people have died in the UK hospitals due to the coronavirus.This is an increase of 778 since the last update. 93,873 people in the country have tested positive for the coronavirus, as per CNN.There has been a discrepancy in the UK while reporting the deaths recorded among elderly residents.David Behan, chairman of home operator HC-One, has said that there could be discrepancies which may result in underreporting of deaths.Meanwhile, the Heathrow Airport in London, which is one of the busiest airports in Europe, has predicted a decline in passenger demand by over 90 pc in April, as the virus has halted the travel.

Former US President Barack Obama in a video message on Tuesday formally endorsed his former Vice President Joe Biden, who is gunning for the White House in the elections later this year.Obama while endorsing said: "The kind of leadership that's guided by knowledge and experience, honesty and humility, empathy and grace -- which kind of leadership doesn't just belong to our state capitols and mayors' offices. It belongs in the White House. And that's why I'm so proud to endorse Joe Biden for President of the United States."Biden has now become the presumptive nominee for the Democrats after fellow contestant Bernie Sanders withdrew and endorsed him. Biden will go up against the presumptive Republican nominee and incumbent President Donald Trump.Obama further said: "If there's one thing we've learned as a country from moments of great crisis, it's that the spirit of looking out for one another can't be restricted to our homes, or our workplaces, or our neighbourhoods, or our houses of ..

The Indian Rapid Response Team imparted training and shared its experience with the Kuwaiti personnel at Jaber Al Ahmed Hospital as part of capacity building in the fight against COVID-19.The team had reached Kuwait on Monday.A release issued by External Affairs Ministry on Monday said that the rapid response team is expected to stay in Kuwait for the next two weeks to help the Kuwait government with medical assistance in testing and treatment of the people infected by the novel coronavirus.The team went to Kuwait following a phone call between Prime Minister Narendra Modi and Prime Minister of Kuwait Sheikh Sabah Al-Khaled Al-Hamad Al-Saba. Both the leaders had agreed for a coordinated approach towards the deadly disease.

The number of coronavirus cases reported in France has passed 100,000, top French health official said on Tuesday."As of this evening, we have passed the 100,000 mark in terms of test-confirmed coronavirus cases," Jerome Salomon told reporters.France now has 103,573 confirmed cases, with 5,497 new infections recorded in the past 24 hours.The death toll is 15,729. Of them, 10,129 were hospital patients. The number of people who died in hospitals in the past day is 559.On Monday, President Emmanuel Macron extended the nationwide lockdown until May 11. Restrictions on public life went into effect on March 17 in a bid to limit the spread of the deadly coronavirus.

As coronavirus pandemic deepens, over 117 million children in 37 countries are expected to miss out on receiving live-saving measles vaccine, the United Nations said on Tuesday.Measles immunisation campaigns in 24 countries have already been delayed and more will be postponed, the World Health Organization and the UN children's fund UNICEF said."Together, more than 117 million children in 37 countries, many of whom live in regions with ongoing measles outbreaks, could be impacted by the suspension of scheduled immunisation activities," Measles and Rubella Initiative (M & RI) said in a statement.New WHO guidelines endorsed by the Strategic Advisory Group of Experts on Immunisation aim to help countries to sustain immunisation activities during the COVID-19 pandemic."The @MeaslesRubella Initiative supports recommendations to: temporarily pause preventive immunisation campaigns where there's no active outbreak of a vaccine-preventable disease continue routine immunisation services, ..

Pakistan Prime Minister Imran Khan has announced the extension of the nationwide lockdown with relaxation to some sectors.Addressing the media in Islamabad on Tuesday, Khan said, "We made the hard decision of imposing lockdown in the country which was very well implemented due to cooperation of the people."He said that the spread of coronavirus had slowed down to 30 per cent of the projected target, Radio Pakistan reported.The Prime Minister said ventilators, protective clothing, and other gear "have been reaching the country to meet the demand".Imran Khan announced to open the construction industry in cities from today as this has the lowest risk factor in terms of coronavirus spread.Minister for Industries and Production Hammad Azhar said the industries that are exempted from the lockdown are export sector, chemical manufacturing plants, e-commerce, software development and planning, paper and packaging units, industries with labour on-site, cement and fertilizer plants, mines and ..

Egyptian security forces have killed seven terrorists who were planning an attack on the country's Coptic Orthodox Christian population during their upcoming Easter celebrations, the country's Ministry of Internal Affairs said.According to the ministry, security forces raided an apartment in a densely-populated region of the capital. Mohammed Fawzy Al Hofi, a lieutenant officer, was killed during the attack, and one other police officer suffered injuries, the statement read.Security forces found six machine guns and ammunition in the apartment after the raid, according to the statement.On Tuesday evening, the national media reported on the security operation, which took place in a multistorey building in the Al Amireya region of the Egyptian capital.The country's Coptic Orthodox Christians are set to celebrate Easter Sunday on April 19.In April 2017, Egypt's Coptic Christians were targeted by bomb blasts during services to celebrate Palm Sunday. Two blasts in the cities of Tanta and ..

Wearing masks and gloves, South Korean voters cast their ballots on Wednesday to elect 300 parliamentary lawmakers amid the coronavirus outbreak.Voting kicked off at 6 am (local time) and was to run until 6 pm (local time) at 14,330 polling stations across the country, according to the National Election Commission (NEC). The number of eligible voters is 44 million, according to Yonhap news agency.The once-in-four-years legislative election is widely seen as a referendum on President Moon Jae-in, whose five-year term will end in mid-2022, as well as a test of the country's fight against COVID-19 under the leadership of Moon, The Strait Times reported.South Korea has received international praise for its massive testing capability and other innovative measures, such as drive-through testing and high-tech contact tracing.Experts, therefore, expect the ruling Democratic Party (DP) to extend its lead in Parliament, given that the government's handling of the virus outbreak is viewed ...

A political activist from Pakistan occupied Kashmir (PoK) has alleged that Pakistan has been regularly violating ceasefire at the Line of Control these days to infiltrate terrorists into Kashmir valley amid COVID-19 spread.Amjad Ayub Mirza, a political activist and author based in Glasgow told ANI, "It is Pakistan, which is responsible for ceasefire violation. We, the people of PoK are aware of this fact that always Pakistan initiates a ceasefire violation to which India retaliates."The activist said that like always, time too, the ceasefire violation was started by Pakistan which created problems for locals, even in the areas of Jammu that do not even come in the jurisdiction of the ceasefire line.Divulging further on the heinous activities conducted by Pakistan, the activist said, "There can be three reasons for them to do so. Firstly due to the coronavirus outbreak, the establishment has been exposed over the mishandling of the pandemic. The country does not even have proper ...

Defying all orders from the state to refrain from religious congregations to curb the spread of COVID-19, prominent ulemas and religious scholars from across Pakistan on Tuesday stated that the five daily prayers and the Friday prayers would be held in mosques. They, however, mentioned that all precautionary measures advised by the government will be implemented.The statement from the ulemas, cited by Dawn, comes as the government announced it would continue the lockdown imposed in light of the coronavirus outbreak, easing restrictions for some industries which it said were 'low-risk'.Authorities in all provinces had officially restricted congregations in mosques, including for Friday prayers, to five people or less for the past two weeks. However, several instances of violation of government orders, and confrontation with police trying to enforce these orders, have been reported since then.Speaking at a press conference after the meeting between representatives from the ...

Prolonged or intermittent social distancing may be necessary even until 2022 to prevent future Covid-19 seasonal outbreaks, a new study has said.Researchers from Harvard University, led by Stephen Kissler, used estimates of seasonality, immunity, and cross-immunity for two betacoronaviruses from time series data from the United States, to inform a model of Covid-19 transmission, Xinhua news agency reported.Recurrent wintertime outbreaks of Covid-19 "will probably occur after the initial, most severe pandemic wave," researchers wrote on in the study 'Projecting the transmission dynamics of SARS-CoV-2 through the postpandemic period', published in the online journal Science.The researchers added that without a vaccine or other interventions, "prolonged or intermittent social distancing may be necessary into 2022."Noting that "a key metric for the success of social distancing is whether critical care capacities are exceeded," the study said that "additional interventions, including ...

Foreign Institutional Investors (FIIs) were net sellers of local stocks today

Foreign Institutional Investors (FIIs) were net sellers of local stocks today

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.

Total 32 issues of 33 industry category of Topix index were in positive territory, with Marine Transportation, Iron & Steel, Nonferrous Metals, Air Transportation, Electric Appliances, Real Estate, and Glass & Ceramics Products issues being notable gainers.

Industrial stocks performed strongly with Transurban gaining 3.7% and Brambles up 4.2%. Healthcare out-performed with a gain of 6% in Sonic, 3.7% in Ramsay Healthcare, and 2.6% in CSL. Info tech and real estate sectors were up more than 3%.

The top body of China's parliament kicked off its four-day bi-monthly meeting in the capital city of Beijing on Sunday. The Standing Committee of the National People's Congress is expected to decide on the date of the key annual meeting of parliament this year on Wednesday.

A partial reopening of the economy in Alaska, Georgia, South Carolina, Tennessee, Texas and others boosted investor sentiments. New York Gov. Andrew Cuomo said the state will likely begin to reopen the economy in certain areas with certain precautions after May 15. Treasury Secretary Steven Mnuchin said he expected the U.S. economy to bounce back in the months after June, once the lockdowns are dismantled.

Total 17 issues of 33 industry category of Topix index were in positive territory, with Rubber Products, Air Transportation, Services, Electric Appliances, Precision Instruments, Securities & Commodities Futures, and Information & Communication issues being notable gainers, while Iron & Steel, Mining, Chemicals, Nonferrous Metals, and Land Transportation issues were notable losers.

Investors continue to struggle against positive news of lifting restrictions and re-opening the economy against what is expected to be the sharpest and most severe downturn since the great depression.

China's banking regulator has asked commercial banks to halt new sales of a wide range of wealth management products that might lead to unlimited losses for investors, a week after heavy losses were recorded in a crude oil futures trading product sold by the country's fourth-largest lender. Investors worry a broad tightening on such products could hurt bank profits.

Among blue chips, index heavyweight Tencent (700 HK) rose 1% to HK$417.20, while Alibaba (9988 HK) slid 0.8% to HK$199. China Overseas Land & Investment (688 HK) jumped 3.5% to HK$27.90; Citic Pacific (267 HK) rose 2.7% to HK$7.98; and Mengniu Dairy (2319 HK), went up 2.5% to HK$28.70.

Wall Street stocks opened higher amid continued investor confidence following steps by a number of US states to reopen their economies. In the United States, some governors are rolling back curbs and allowing restaurants, hair salons and other businesses to reopen despite warnings by health experts that moving too fast might lead to new outbreaks. President Donald Trump, running for re-election amid a slump that has wiped out more than 10 million jobs, is pressing other governors to lift lockdowns. Gov. Andrew Cuomo of New York, one of the hardest-hit and most populous states, says controls will be eased only after numbers of new cases decline.

Investor confidence has been lifted as major countries and several US states reopen for business and central banks seem poised to inject more stimulus to offset the economic hit from the pandemic.

The gains were driven by banking shares after China's big four lenders reported higher profits for the first quarter despite the impact of the pandemic.

Powered by Capital Market - Live News

Wall Street stocks opened higher amid reaction to developments regarding the use of Gilead Sciences' antiviral drug remdesivir as a potential new treatment for Covid-19 patients. Gilead Sciences said on Wednesday that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients.

Asian market advanced on Thursday, 30 April 2020, on following U.S. shares advancing overnight on reports the antiviral drug remdesivir is showing promise as an effective COVID-19 treatment.

Total 23 issues of 33 industry category of Topix index were in positive territory, with Mining, Securities & Commodities Futures, Iron & Steel, Real Estate, Nonferrous Metals, and Glass & Ceramics Products issues being notable gainers, while Electric Power & Gas, Other Products, Air Transportation, Information & Communication, and Foods issues were notable losers.

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.