Posted at 03:18h
in
News
by KMFSLLP
Saudi Arabia suspended on Friday
all domestic flights, buses, taxis and trains for 14 days
starting Saturday, state news agency reported quoting a source
in interior ministry.
...
Posted at 02:57h
in
News
by KMFSLLP
* Global economy already in recession on virus hit - Reuters
Poll
...
Posted at 02:35h
in
News
by KMFSLLP
The International Monetary
Fund said on Thursday it expedited the appointment of U.S.
Treasury official Geoffrey Okamoto to its No. 2 position
effective March 30 as member countries struggle with the
economic impacts of the coronavirus.
Posted at 02:30h
in
News
by KMFSLLP
China kept its benchmark
lending rate unchanged on Friday, defying expectations for a
reduction to ease borrowing costs in an economy jolted by
widespread disruptions to businesses from the coronavirus
pandemic.
...
Posted at 01:58h
in
News
by KMFSLLP
* Australian central bank to buy up to A$5 billion of bonds
(Recasts with Australian banks offer loan relief, adds details
on quantitative easing)
...
Posted at 01:00h
in
News
by KMFSLLP
Okay. So now it's time to
panic.
...
Posted at 00:43h
in
News
by KMFSLLP
Walt Disney Co,
JPMorgan Chase & Co and United Parcel Service Inc
were among seven major U.S. companies that accepted a
big rise in their borrowing costs to issue bonds on Thursday, as
the coronavirus outbreak roiled credit markets.
Posted at 00:22h
in
News
by KMFSLLP
Australian banks on Friday said
they would defer loan repayments for six months for small
businesses impacted by the coronavirus in a A$100 billion
($57.34 billion) relief package.
...
Posted at 00:13h
in
News
by KMFSLLP
Australia will within days
unveil a second stimulus package designed to shelter its economy
from the impact of the coronavirus, two sources familiar with
the government's plan told Reuters on Friday.
...
Posted at 23:33h
in
News
by KMFSLLP
Many of Mexico's top
banking and financial brass are under quarantine or having to
work from home after having attended an annual industry bash at
a Pacific getaway last week where at least one participant later
tested positive for coronavirus.