News

Monthly decline of 44.4 per cent is worse than during the financial crisis

Controversy threatens to cloud Scottish first minister’s performance during the coronavirus crisis

Work in the sector slows at fastest rate since financial crisis

The Swiss National Bank's sight deposit holdings increased again last week as the central bank intervenes in currency markets to weaken the Swiss franc, while also taking steps to support the economy during the coronavirus pandemic.

Investors with nearly $200 billion in assets holding shares in Japan's Mizuho Financial Group say they plan to back a shareholder motion urging the bank to cut its lending for coal and other fossil fuels, they told Reuters on Friday.

Outbreak has forced contractors to hit the brakes on billions of pounds of projects

The managers at Green Circuits — a small Silicon Valley electronics factory — thought they would have to close when the San Francisco Bay Area directed non-essential businesses to shut almost three weeks ago.

Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans out of work, making it difficult for borrowers to pay back loans.

Southeast Asian stock markets tracked broader equities to end higher on Monday as investors were encouraged by a global slowdown in coronavirus cases and deaths as well as regional government stimuli. Asian hours, trading close to its upper limit after U.S. President Donald Trump expressed hope...

* Insurance body seeks more coordination among governments (Adds details from statement)