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Bahrain's government will spend $570 million in salaries for 100,000 private sector workers from April to June to help with the impact of the coronavirus outbreak, the labour ministry said on Wednesday.

Most Southeast Asian stock markets closed lower on Wednesday as a mounting death toll from the global coronavirus outbreak prompted investors to book profits after sharp gains earlier this week. The United States posted a record single-day jump of more than 1,800 coronavirus deaths, while...

Indian bond markets are set to demand punishing high yields at the federal government's first auction of the fiscal year on Thursday as they test both the government's ability to pay as well as the central bank's intent to cap interest rates.

The prime minister of East Timor withdrew his resignation on Wednesday, saying he would stay in power to oversee the battle against the coronavirus pandemic as the government approved a $250-million fund to fight it.

* Aviva, Direct Line, Hiscox and RSA shares drop (Adds details)

Only a major downside risk to inflation could prompt central banks to consider more radical monetary stimulus steps that some people are floating as a response to the coronavirus crisis, ECB policymaker Francois Villeroy de Galhau said on Wednesday.

* Rare call in a retail-dominated market focused on quick gains

Royal Bank of Scotland has cut around 130 jobs in its investment banking division NatWest Markets, the Financial Times reported on Wednesday.

Royal Bank of Scotland has cut around 130 jobs in its investment banking division NatWest Markets, the Financial Times reported on Wednesday.

The spread of the deadly coronavirus has upended industrial metal markets, with many plunging to multi-year lows and volatility spiking across the board.