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
The Polish central bank's
management board said on Monday it is starting large-scale
purchases of treasury bonds on the secondary market, and called
for cuts in interest rates and reserve requirements to combat
the effects of coronavirus.
Several automakers on Monday said U.S.
buyers of new vehicles will have the option to defer their
payments and customers with existing car loans could ask for
payment rescheduling if impacted by shutdowns due to the spread
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
Leaders of the Group of
Seven wealthy democracies said on Monday they were committed to
doing "whatever is necessary" to battle the coronavirus pandemic
and to work together more closely to protect public health, jobs
Goldman Sachs Group Inc
told employees on Monday that a worker in the bank's
health center at its New York headquarters is suspected to have
contracted COVID-19, according to a memo seen by Reuters and
verified by the bank.
Chile´s central bank said on
Monday it would cut its interest rate to 1% from 1.75% in an
extraordinary measure motivated by the global coronavirus
outbreak as its finance minister warned the impact on the Latin
nation would be "powerful but transitory."