Hong Kong flat hunters cite SARS lesson: buy the outbreak dip

(C) Reuters. Hong Kong flat hunters cite SARS lesson: buy the outbreak dip By Clare Jim HONG KONG (Reuters) – For several weeks, the coronavirus has brought Hong Kong to a virtual standstill, keeping shoppers, office workers and even pro-democracy…

Sell signal: Trump’s shallow virus plan blows floor out of markets

Economy11 hours ago (Mar 12, 2020 04:22AM ET) By Anshuman Daga and Tom Westbrook SINGAPORE (Reuters) – All global investors got from U.S. President Donald Trump’s coronavirus package were a shock travel ban on Europe and a flashing signal to…

Here’s What Investors Say About Trump’s Shock Virus Plan

(Bloomberg) — A combination of President Donald Trump’s unprecedented travel restrictions between the U.S. and Europe and underwhelming stimulus measures sparked a fresh exodus from risk assets in global financial markets Thursday. The rush to gauge the impact on the…

Insurers face double whammy from coronavirus crisis

2/2 (C) Reuters. FILE PHOTO: Stock market updates are seen on a news broadcast on the floor of the New York Stock Exchange (NYSE) in New York City, New York 2/2 By Carolyn Cohn LONDON (Reuters) – Having initially brushed…

Banks urge EU to ease capital rules to fight coronavirus fallout

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Canada to present new budget on March 30: finance minister

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep…

New York Fed increases repo support to keep markets running smoothly

Economy11 hours ago (Mar 11, 2020 03:01PM ET) NEW YORK (Reuters) – The New York Federal Reserve said it will increase the amount of liquidity it provides to overnight lending markets through mid-April. The central bank is increasing the maximum…

Coronavirus shifts U.S. recession debate from ‘if’ to ‘what shape’?

Economy11 hours ago (Mar 11, 2020 02:56PM ET) By Jonnelle Marte (Reuters) – V? U? L? Until recently, economists were debating what it would take for the U.S. economy to fall into a recession. But after taking a cue from…

Explainer: Coronavirus fears hit the market hard. How much did ordinary Americans lose?

(C) Reuters. A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York By David Randall NEW YORK (Reuters) – The deep declines in the U.S. stock market…

Israel expands coronavirus aid package to $2.8 billion

Economy12 hours ago (Mar 11, 2020 02:21PM ET) Israel expands coronavirus aid package to $2.8 billion By Steven Scheer JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu said on Wednesday the government will expand an aid package to help the…

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