Posted at 17:17h
in
News
by KMFSLLP
* Crisis-fighting arsenal nearly exhausted
(Adds sources on rates, Lagarde rowing back on spreads comment)
...
Posted at 17:13h
in
News
by KMFSLLP
Denmark will take steps to
help banks maintain their lending power and will compensate
businesses with employees who have fallen ill from the
coronavirus, the government and central bank said on Thursday.
...
Posted at 17:02h
in
News
by KMFSLLP
A coronavirus-induced meltdown on Wall Street and other
financial markets saw prices plunge on Thursday for everything
from stocks and corporate bonds to bitcoin, oil and gold --
wiping trillions of dollars from investment portfolios and
company valuations.
Posted at 16:57h
in
News
by KMFSLLP
The European Central Bank was a
largely deserted building on Thursday as President Christine
Lagarde presented her policy response to the coronavirus
outbreak that is hitting the euro zone economy.
...
Posted at 16:55h
in
News
by KMFSLLP
U.S. lawmakers plan to
unveil a bill on Thursday that could be used to block Huawei
Technologies Ltd from accessing U.S. banks for certain
transactions, in a bid to thwart the Chinese telecoms giant amid
frustration over the failure of prior sanctions to curb its
business.
...
Posted at 16:55h
in
News
by KMFSLLP
Analysts and economists increasingly
expect the Federal Reserve to roll out measures beyond interest
rate cuts and bond purchases to ensure financial markets keep
operating smoothly and banks have ample liquidity during the
coronavirus outbreak.
Posted at 16:54h
in
News
by KMFSLLP
All matches in Portugal's top
soccer league, Primeira Liga, have been suspended due to the
coronavirus outbreak, top-division Lisbon side Benfica said on
Thursday.
...
Posted at 16:50h
in
News
by KMFSLLP
The United States on
Thursday imposed sanctions on another subsidiary of Rosneft,
ramping up pressure on the Russian state oil giant that the
Trump administration has said provides a financial lifeline to
Venezuelan President Nicolas Maduro.
Posted at 16:50h
in
News
by KMFSLLP
The U.S. Securities and
Exchange Commission (SEC) on Thursday voted to exempt certain
small public companies from outside auditor reviews of internal
controls.
...
Posted at 16:43h
in
News
by KMFSLLP
JPMorgan Chase & Co
Chief Executive Officer Jamie Dimon was released from a New York
hospital and is now at home recovering from an emergency heart
surgery he underwent last week, the bank said on Thursday.