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Author: KMFSLLP

11 Mar Banks remind customers they can bank online amid coronavirus outbreak

Posted at 21:42h in News by KMFSLLP 0 Comments

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Banks are talking up their online and mobile banking capabilities to customers as more Americans look to avoid public places amid the coronavirus outbreak.

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11 Mar Australian shares set to open lower; NZ slumps a record 6%

Posted at 21:36h in News by KMFSLLP 0 Comments

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- Australian shares looked set to drop at open on Friday, tracking Wall Street peers, as the U.S. move to restrict travel from Europe over the coronavirus pandemic rattled investors already shaken by fears of a global recession. The local share price index futures ...

11 Mar UPDATE 1-Merkel says coronavirus situation more extraordinary than banking crisis

Posted at 21:32h in News by KMFSLLP 0 Comments

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* Says debt brake allows for exceptions in extraordinary times

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11 Mar UPDATE 3-Wall Street empties out as New York City declares state of emergency

Posted at 21:31h in News by KMFSLLP 0 Comments

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Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.

11 Mar WRAPUP 10-Markets suffer record meltdown as global coronavirus alarm grows

Posted at 21:27h in News by KMFSLLP 0 Comments

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* For interactive graphic tracking global spread of coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser

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11 Mar UPDATE 4-Fed provides massive liquidity injection to calm markets amid signs of stress

Posted at 21:24h in News by KMFSLLP 0 Comments

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The Federal Reserve moved to stem a market meltdown on Thursday with offers of $1.5 trillion in short-term loans that some analysts say could point to more aggressive action from the central bank in coming days to stimulate the economy and stabilize the financial system.

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11 Mar US money market funds get record inflow in stressful week -Lipper data

Posted at 21:17h in News by KMFSLLP 0 Comments

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U.S. money market funds took in a record $87.6 billion in the week to Wednesday, as stocks on Wall Street buckled, investors moved to cash and panic about the spreading coronavirus roiled global financial markets, data from Lipper showed.

11 Mar UPDATE 2-France to close schools to curb coronavirus spread -Macron

Posted at 21:02h in News by KMFSLLP 0 Comments

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* He says nationalism not the answer to virus (Adds quotes, details)

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11 Mar WRAPUP 1 -Canada’s TSX sees record drop as policy response to coronavirus falls short

Posted at 20:55h in News by KMFSLLP 0 Comments

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Canada's main stock market plunged by the most on record and the Canadian dollar weakened to a four-year low as investors worried that steps being taken by policymakers would be insufficient to contain the economic impact of the coronavirus outbreak.

11 Mar UPDATE 2-U.S. SEC votes to exempt smaller companies from independent audit reviews

Posted at 20:50h in News by KMFSLLP 0 Comments

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The U.S. securities regulator on Thursday voted to relax internal audit controls introduced at smaller publicly listed companies in 2002 following a string of accounting scandals including at now-defunct energy company Enron Corp.

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Author: KMFSLLP

11 Mar Banks remind customers they can bank online amid coronavirus outbreak

11 Mar Australian shares set to open lower; NZ slumps a record 6%

11 Mar UPDATE 1-Merkel says coronavirus situation more extraordinary than banking crisis

11 Mar UPDATE 3-Wall Street empties out as New York City declares state of emergency

11 Mar WRAPUP 10-Markets suffer record meltdown as global coronavirus alarm grows

11 Mar UPDATE 4-Fed provides massive liquidity injection to calm markets amid signs of stress

11 Mar US money market funds get record inflow in stressful week -Lipper data

11 Mar UPDATE 2-France to close schools to curb coronavirus spread -Macron

11 Mar WRAPUP 1 -Canada’s TSX sees record drop as policy response to coronavirus falls short

11 Mar UPDATE 2-U.S. SEC votes to exempt smaller companies from independent audit reviews

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