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Andrew Bailey says further spending not needed after TSB meltdown

The U.S. House Financial Services Committee will postpone all of its remaining public hearings for March due to the coronavirus outbreak, according to a statement by Chairwoman Maxine Waters on Thursday. (Reporting by Makini Brice)

As trading ended on Thursday in Wall Street's worst day for three decades, shell-shocked investors had no idea how much further the market was likely to fall as the coronavirus pandemic spread fear of a global recession.

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Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street's slide into bear market territory on Thursday, as investors liquidated positions across their portfolios to raise cash. Bitcoin dropped 26%, marking its largest fall in seven years, as fears of the coronavirus' economic impact unnerved investors. Palladium...

Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to an investor with direct knowledge of the performance.

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Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to an investor with direct knowledge of the performance.

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Italy's market regulator said it was introducing an outright short-selling ban on 85 stocks after the Milan bourse plunged 17% on Thursday, recording its worst loss ever, due to a coronavirus crisis in the country.

The head of the Netherlands' central bank, Klaas Knot, on Thursday said the Dutch economy could fall into recession in 2020, depending on the impact of the coronavirus.

Prime minister moves UK response to delay phase as positive cases rise to 596

The board of Colombia's central bank on Thursday announced measures aimed at providing liquidity to the market amid international turmoil that has caused record devaluations while the Ministry of Finance did not rule out introducing additional measures.

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