Tokyo shares fall on US stimulus reduction speculation

Tokyo, Aug 19 (AFP/APP):Tokyo shares ended lower on Thursday after minutes from the US Federal Reserve’s July meeting hinted it may scale back stimulus this year, pushing down Wall Street shares. The Nikkei 225 index dropped 1.10 percent, or 304.74 points, to 27,281.17 yen, while […]

US stimulus offers ‘significant’ boost to global economy: IMF

Washington – US President Joe Biden’s massive stimulus program is expected to boost US economic growth and also help to spur the global recovery, an IMF spokesman said Thursday. US GDP will expand five to six percent over three years with the injection of $1.9 trillion […]