Posted at 12:18h
in
News
by KMFSLLP
India's cabinet has
approved a rescue plan for Yes Bank, the finance
minister said on Friday, as authorities look to prevent a
broader banking crisis.

...
Posted at 12:15h
in
News
by KMFSLLP
Demand for dollars via currency
derivative markets eased on Friday, a sign that the
coronavirus-induced economic stress unleashed on financial
markets this week may be starting to stabilise.

...
Posted at 12:11h
in
News
by KMFSLLP
The European Central
Bank was engaged in an unprecedented rearguard action on Friday
after chief Christine Lagarde drew fire from investors and even
heads of state for what they saw as a clumsy response to the
coronavirus outbreak.
Posted at 12:08h
in
News
by KMFSLLP
* Draghi comparisons appear on social media
(Adds comments from other sources)

...
Posted at 12:00h
in
News
by KMFSLLP
Intended to deter foreign purchasers and bring down prices, it could do the opposite
...
Posted at 12:00h
in
News
by KMFSLLP
Lebanon's central bank governor
has asked the country's cash-strapped banks to prioritise
foreign currency for the import of medical supplies needed to
combat coronavirus, according to a central bank statement on
Friday.

...
Posted at 11:49h
in
News
by KMFSLLP
A few hours after Portugal
ordered schools to close next week due to the coronavirus
outbreak, parents taking their kids to the last day of classes
on Friday said they were relieved on health grounds but worried
about how to make ends meet.
Posted at 11:46h
in
News
by KMFSLLP
* Swedish FSA lowers capital requirements on banks
(Adds c.bank governor comments, graphic)

...
Posted at 11:45h
in
News
by KMFSLLP
* German exchange says no ban but does not rule it out
(Adds comment from French markets authority)

...
Posted at 11:45h
in
News
by KMFSLLP
* More easing steps expected to support economy
(Adds details, comments from analysts)

...