Economics

Asian main indexes values for 10 April: “Armenpress” reports the value of Japanese NIKKEI up by 0.79% to 19498.50 points, Japanese TOPIX up by 0.92% to 1430.04 points. Chinese Shanghai Composite down by 1.04% to 2796.63 points, and HANG SENG stood at 24300.33 points. The Nikkei-225 Stock Average is a price-weighted average of 22...

Amid unconfirmed news reports about the resignation of two co-founders and top executives of the Armenian mobile network, internet service operating giant Ucom because of purported disagreements with shareholders, as well as purported reports about Ucom acquiring the shares of another telecommunications giant Veon Armenia – oper...

Armenia is ready to provide support to its partners, member states of the Eurasian Economic Union (EAEU) as much as possible in fighting the novel coronavirus pandemic (COVID-19), Prime Minister Nikol Pashinyan said during a video conference of the Eurasian Inter-Governmental Council. “Armenia is ready within its capacities to p...

Prime Minister Nikol Pashinyan expressed readiness to host the regular session of the Eurasian Inter-Governmental Council in Armenia in autumn, the PM said this during the Council’s video conference on April 10. “Armenia is ready to host the regular session of the Inter-Governmental Council this autumn. We hope the pandemic will...

Members of the Eurasian Economic Union are holding a videoconference of its Inter-Governmental Council on April 10 amid the coronavirus pandemic. Prime Minister Nikol Pashinyan, addressing the heads of government of Russia, Belarus, Kazakhstan and Kyrgyzstan, delivered a speech from Yerevan. “I am very happy for the opportunity ...

The Armenian authorities have requested an increase in financial support provided by the International Monetary Fund (IMF) for the country and, pending Executive Board approval, around $280 million will be available immediately after the Board meeting, IMF said in a press release on Thursday. The COVID-19 pandemic, together wi...

EU Finance ministers agreed on Thursday to a common emergency plan to limit the impact of the coronavirus pandemic on the European economy, Euronews reported. EU member states have agreed to an emergency response plan of €500 billion. "This proposal contains bold and ambitious proposals that would have been unthinkable just ...

European main indexes values for 9 April: “Armenpress” reports the value of German DAX up by 2.24% to 10564.74 points, French CAC 40 up by 1.44% to 4506.85 points, British FTSE up by 2.90% to 5842.66 points, and Russian RTSI up by 3.67% to 1155.49 points. The German Stock Index is a total return index of 30 selected German blue ...

USA main indexes values for 9 April: “Armenpress” reports the value of Dow Jones up by 1.22% to 23719.37 points, S&P 500 up by 1.45% to 2789.82 points, Nasdaq up by 0.77% to 8153.58 points. The Dow Jones Industrial Average is one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles ...

Oil prices for 9 April: WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 10.64% to $23.19 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange down by 4.04% to $32.03 per barrel. Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter. New York’s NYMEХ (New York Merchantile...