Posted at 20:07h
in
News
by KMFSLLP
The instinct to shut society down, as China did with Wuhan, is not cost-free to public health
...
Posted at 20:02h
in
News
by KMFSLLP
Jordan's government suspended
trading in the Amman Stock Exchange (ASE) from Tuesday until
further notice, after the government approved a decision taken
by the Jordan Securities Commission (JSC), state media said on
Monday.

...
Posted at 20:02h
in
News
by KMFSLLP
Brazil on Monday approved a
raft of measures to combat the economic and financial damage
from the coronavirus, boosting liquidity in the financial
system, maintaining the flow of credit in the economy and
expanding banks' lending capacity.
Posted at 19:56h
in
News
by KMFSLLP
Sweden's central bank said
on Monday it would buy securities for up to an additional 300
billion Swedish crowns ($31 bln) this year to facilitate credit
supply and mitigate the downturn in the economy caused by the
coronavirus.
Posted at 19:55h
in
News
by KMFSLLP
Royal Bank of Canada
will reduce its prime rate to 2.95%, the lowest level since
August 2017, from 3.45%, effective Tuesday, the lender said in a
statement.

...
Posted at 19:54h
in
News
by KMFSLLP
The New York Federal Reserve
saw light demand for an additional $500 billion in support to
overnight lending markets on Monday, even after a spike in the
cost of overnight loans indicated that companies were still
feeling funding strains.

...
Posted at 19:53h
in
News
by KMFSLLP
Goldman Sachs Group Inc
told customers of its online bank, Marcus, and its Apple
credit card on Monday that they can take an extra month to make
payments, with no penalty or additional interest, if they are
financially stretched due to the coronavirus.
Posted at 19:52h
in
News
by KMFSLLP
Major U.S. airlines sought
a government bailout of more than $50 billion as the White House
is urgently drafting a financial assistance package in the wake
of the steep falloff in U.S. travel demand sparked by the
coronavirus pandemic.
Posted at 19:51h
in
News
by KMFSLLP
‘Drastic action’ taken as death toll hits 53 but theatres say non-mandatory ‘advice’ dooms the sector
...
Posted at 19:43h
in
News
by KMFSLLP
Markets reeled on
Monday, with stocks on Wall Street and the price of Brent crude
tumbling more than 10%, as the Federal Reserve's second
emergency rate cut in as many weeks failed to calm fears of a
coronavirus-induced recession.