South Korea will temporarily
tighten short-selling rules on stocks starting Wednesday after
the coronavirus outbreak pushed the nation's equities to the
brink of a bear market, the finance ministry said.
A crash in crude prices has
intensified pressure on the finances of Mexican state oil firm
Petroleos Mexicanos (Pemex), which is facing the threat of a
ratings downgrade after posting one of its worst-ever losses
Trading in options on Wall Street's fear
gauge was impossible in the first minutes of Monday's
session due to a complete absence of prices from the market
makers on whom trading depends, a representative of index
operator CBOE Global Markets Inc said.
The Democratic Republic of
Congo has granted an insurance licence to a subsidiary of
Hong-Kong-listed Frontier Services Group (FSG), a
security and logistics company run by Erik Prince, the founder
of private security firm Blackwater.
Twitter Inc on Monday reached
an agreement with Elliott Management that lets Jack Dorsey stay
as chief executive and adds three new directors a few days after
Elliott's plan to push out the social media company's chief