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The Bank of Japan (TYO: 8301) (BOJ) boosted its monetary impetus at a Monetary Policy Meeting held on Monday. The one-day gathering was directed at supporting the government’s efforts to cushion the economy against the impact of the Covid-19 pandemic. Upon conclusion of the meeting, officials of the bank vowed to only “purchase a necessary amount of Japanese government bonds without setting an upper limit,” following in the footsteps...
The United States Senate voted in favor of an unprecedented £1.69 trillion rescue package on Wednesday. The aid is expected to offer support to the massively hit industries amidst the Coronavirus pandemic and help families and unemployed workers to thrive through the challenging times. As per the bill, the U.S will also invest billions of dollars into purchasing medical equipment and meet the demand for effective response against the flu-li...