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China’s State Council extends subsidies and tax breaks for new-energy vehicle purchases

Late Tuesday, China’s State Council (Cabinet) announced the extensions of the subsidies and tax breaks for new-energy vehicle purchases.

The Council extended subsidies and tax breaks by two years, out to 2022.

These measures were announced to support the producers of electric vehicles in China, as the economy fights hard to curtail the coronavirus impact on the economy.

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EUR/USD is closing on the psychological support of 1.10, having faced rejection near 1.1040 in early Asia. The pair created a long-tailed hammer candl
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Jim Rogers: Another stock market rout imminent

The equity markets are not out of the woods yet and another rout looks imminent, veteran investor Jim Rogers said, according to Bloomberg. The Federal
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