Posted at 07:38h
* Government rolling out stimulus package to ease virus
(Recasts, adds comments from Taiwan president, details)
Posted at 07:28h
Asian markets looked to
policymakers on Friday to help ease a liquidity squeeze as
cratering stock markets triggered a rush for cash, driving many
regional currencies lower and threatening a surge in short-term
Japan's central bank pledged to buy 200 billion yen ($1.90
billion) of five-to 10-year Japanese government...
Posted at 07:19h
British travel group Saga said
on Friday it was suspending its cruise operations until early
May in response to the coronavirus crisis, at an estimated cost
to company earnings of about 10-15 million pounds.
Posted at 07:10h
European Union industry chief
Thierry Breton said on Friday that he had no doubt that the
European Central Bank would "take its responsibilities"
regarding helping the euro zone deal with the coronavirus crisis
that has hit the world economy.
Posted at 06:50h
The United States should
"think twice" before giving Malaysia back the money recovered
from an anti-kleptocracy probe into state fund 1MDB, former
prime minister Mahathir Mohamad said on Friday, as the party
accused of graft at 1MDB was back in power.
Posted at 06:47h
Italy's top insurer
Assicurazioni Generali on Friday confirmed all targets
set in its strategic plan through 2021 despite the uncertainty
caused by a coronavirus crisis, after posting a record operating
profit in 2019.
Posted at 06:24h
China's oldest peer-to-peer
(P2P) lending company FinVolution Group has asked HSBC
to seek out potential investors interested in taking the
U.S.-listed firm private, two people with direct knowledge of
the discussions said.
Posted at 06:22h
* Buyback will begin on Monday and will take place over a
Posted at 05:55h
The Bank of Korea and financial
regulators agreed that authorities should cooperate in deploying
fiscal and monetary policies to tackle an economic crisis caused
by a coronavirus, South Korea's finance ministry said on Friday.
Posted at 05:36h
South Korean President Moon
Jae-in held a special meeting on Friday with the central bank
governor and some top ministerial officials to discuss the
coronavirus situation, the presidential Blue House spokesman
Kang Min-seok said in a statement.