Showing 81 - 90 of 682
Travel curbs tighten, billions in stimulus: Virus update
Published on 18/03/2020
» European leaders agreed to restrict most travel into the continent and German Chancellor Angela Merkel signalled she may be open to joint European Union debt issuance. The Trump administration is considering a stimulus plan that could reach $1.2 trillion.
Asian markets tumble again
AFP, Published on 17/03/2020
» HONG KONG: Asian markets sank again on Tuesday as investors struggled to pick themselves up following the previous day's global bloodbath, which saw Wall Street suffer its worst day in more than three decades as coronavirus sweeps the planet.
Equities plunge as central bank moves fail to ease economy fears
AFP, Published on 16/03/2020
» HONG KONG: Asian markets tumbled Monday as interest rate cuts and fresh stimulus measures by central banks failed to lift confidence, with analysts warning that the Federal Reserve may have reached the limits of its power to fend off recession as the coronavirus spreads.
Airlines cut flights, face ruin as central banks take action: Virus update
Published on 16/03/2020
» Asian stocks and US stock futures tumbled as central banks took sweeping action to blunt the financial impact of the coronavirus outbreak. Italy’s government will meet Monday to pass a new package of measures after deaths jumped by 368 Sunday.
Virus credit crunch risks turning firms into zombie army
AFP, Published on 15/03/2020
» PARIS: A decade of easy money sloshing around the economy may come to haunt policymakers as legions of firms hooked on cheap credit have no buffers to make it through the coronavirus crisis without serious damage, or outright failure.
Virus Update: US declares emergency
Published on 14/03/2020
» US President Donald Trump declared national state of emergency as the World Health Organization named Europe the new epicentre of the coronavirus, with countries sealing borders, shutting schools and cancelling events in a frenzied attempt to slow the ballooning pandemic.
Virus Update: Cases top 125,000, China says peak is over
Published on 12/03/2020
» China says the peak of the outbreak in the country is “generally over” but the situation elsewhere remains grim. President Donald Trump significantly restricted travel from Europe as the World Health Organization declared the coronavirus outbreak a pandemic.
UK plans $39b stimulus, more NY cases: Virus update
Published on 11/03/2020
» Coronavirus cases hit 59 in Thailand, including workers at Suvarnabhumi airport. US cases climbed past 1,000 according to a Johns Hopkins tally that includes cruise ships, as a top health official said some parts of the country are now beyond containment efforts.
New cases in China, S.Korea slow; Italy-wide lockdown: Virus update
Bloomberg News, Published on 10/03/2020
» President Donald Trump promised “very dramatic” actions to support the US economy as the World Health Organization said the threat of a pandemic is “very real”.
Oil rises but Asia struggles to recover from Black Monday rout
AFP, Published on 10/03/2020
» HONG KONG: A bounce in the price of oil provided some support to under-pressure stocks in early Asian trade on Tuesday, a day after global equities suffered their biggest losses in more than a decade.