Posted at 03:40h
in
News
by KMFSLLP
New Zealand's banks are ready to
respond to the impact of a coronavirus outbreak which has the
potential to hit banking operations, staff and funding, the
country's central bank said on Monday.
...
Posted at 03:39h
in
News
by KMFSLLP
Futures contracts on the U.S.
stock market had hit their 5% overnight down limit but trading
in the instruments continued, the CME Group said on Monday.
...
Posted at 03:31h
in
News
by KMFSLLP
U.S. stock futures plunged 5% to hit
their daily down limit and halt trading after the biggest
single-day loss in oil futures in almost 30 years on Sunday
exacerbated fears of a credit crunch across financial markets.
Posted at 03:29h
in
News
by KMFSLLP
Japan's share benchmark Nikkei
tumbled to 14-month lows on Monday, on rising fear that the
widening reach of the coronovirus epidemic could severely
disrupt the global economy.
...
Posted at 02:57h
in
News
by KMFSLLP
The words "bear market" and "recession" are being used with
increasing frequency as investors try to assess how badly the
coronavirus outbreak will damage global growth and to what
extent it could further weigh on asset prices.
Posted at 02:46h
in
News
by KMFSLLP
* Fed funds fully price for 75 bps cut in March, chance of
100 bps
...
Posted at 01:51h
in
News
by KMFSLLP
Asian shares sank in a sea of
red on Monday as panicked investors fled to bonds to hedge the
economic shock of the coronavirus, and oil plunged more than 20%
after Saudi Arabia slashed its official selling price.
Posted at 01:38h
in
News
by KMFSLLP
Chinese shares sank on Monday
as fears over the economic impact of the spreading coronavirus
epidemic and a sudden plunge in oil prices battered global
financial markets.
...
Posted at 01:07h
in
News
by KMFSLLP
Australian shares were hammered on
Monday as investors scurried for safe havens on mounting fears
of a deeper economic fallout from the rapidly spreading
coronavirus outbreak, and oil prices dived more than 20%.
Posted at 00:01h
in
News
by KMFSLLP
Government will formally move from the ‘contain’ to the ‘delay’ phase of its strategy
...
