Posted at 17:42h
in
News
by KMFSLLP
Uzbek President Shavkat
Mirziyoyev ordered the central bank on Thursday to provide 30
trillion sum ($3.1 billion) to banks to support local producers'
working capital, his office said.
...
Posted at 17:36h
in
News
by KMFSLLP
Morgan Stanley Chief Executive
Officer James Gorman was diagnosed as being infected by the
novel coronavirus after first experiencing symptoms nearly a
month ago and has fully recovered, according to a video that was
sent to the bank's employees on Thursday.
...
Posted at 17:33h
in
News
by KMFSLLP
Prices on U.S. high-yield bond
exchange-traded funds and individual junk-rated issues like Ford
Motor Co and Occidental Petroleum Corp soared on
Thursday after the Federal Reserve announced it would expand its
corporate bond-buying program to include some speculative-grade
debt.
Posted at 17:19h
in
News
by KMFSLLP
Undeterred by a
coronavirus diagnosis the day he was due to wed and curbs on
gatherings that halted the ceremony, a South African has
exchanged marriage vows with his bride in their backyard at a
makeshift altar he built in his garage.
Posted at 17:11h
in
News
by KMFSLLP
The Federal Reserve has moved into
overdrive to try to keep the U.S. economy from suffering lasting
damage from the coronavirus pandemic, announcing an emergency
interest rate cut on March 3 and rolling out new efforts almost
weekly since, including slashing rates to zero and relaunching
large-scale asset purchases.
Posted at 17:03h
in
News
by KMFSLLP
The Indonesia Deposit Insurance
Corporation (LPS) denied on Thursday media reports that its
stress test had shown eight banks at risk of collapse under the
government's worst-case scenario for the economic impact of the
coronavirus outbreak.
Posted at 17:02h
in
News
by KMFSLLP
Strict social distancing
measures have helped Germany to slightly slow the spread of the
novel coronavirus, Chancellor Angela Merkel said on Thursday,
giving cautious hope some of the restrictions could be eased
after Easter.
Posted at 14:43h
in
News
by KMFSLLP
With Covid-19 threatening a unicorn extinction, some governments suddenly have real leverage when it comes to influencing unicorn operations in the future.
...
Posted at 13:43h
in
News
by KMFSLLP
Many decide to hold on to cash, triggering disputes with landlords in commercial and residential sectors
...
Posted at 13:19h
in
News
by KMFSLLP
Measures include temporary payment freeze on loans and credit cards and zero interest on pre-existing arranged overdrafts of up to £500
...