[ad_1] SINGAPORE (Reuters) – Singapore on Thursday unveiled more than $30 billion in new measures to help businesses and households fight the coronavirus pandemic that threatens to push the bellwether economy into a deep recession.
Greek economy to contract by 1-3% this year – finance minister
[ad_1] Greek Finance Minister Christos Staikouras pauses during an interview with Reuters at his office in the Finance Ministry in Athens, Greece, December 17, 2019. REUTERS/Costas Baltas/Files ATHENS (Reuters) – Greece estimates a contraction to
Coronavirus batters German consumer morale – GfK
[ad_1] BERLIN (Reuters) – German consumer morale deteriorated sharply heading into April to hit its lowest level since 2009, a survey showed on Thursday, suggesting that the coronavirus pandemic is putting the brakes on household
Novartis works with life sciences companies to fight Covid-19
[ad_1] The company’s logo is seen at the new cell and gene therapy factory of Swiss drugmaker Novartis in Stein, Switzerland, November 28, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Novartis said it was working with
Asian stocks scratch gains but lose steam on U.S. job jitters
[ad_1] SINGAPORE (Reuters) – Asian stocks eked out gains on Thursday, but the week’s rally lost steam as investors seemed torn between relief at the agreement of a huge U.S. stimulus package and dread over
Indian stocks up for third day as U.S. Senate passes virus-fighting stimulus
[ad_1] BENGALURU (Reuters) – Indian shares rose for the third straight session on Thursday, as investors awaited a domestic stimulus to fight the impact of the coronavirus outbreak on an already slowing economy, and the
Stocks run out of steam on U.S. job jitters, yen gains
[ad_1] SINGAPORE (Reuters) – A two-day equities rally lost momentum on Thursday, and investors sold riskier currencies, as stimulus negotiations dragged on in Washington and investors fretted over a likely spike in U.S. jobless claims.
Airbnb says U.S. coronavirus stimulus bill could offer its hosts some relief
[ad_1] FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo SAN FRANCISCO (Reuters) – Airbnb
Asian markets tread cautiously ahead of U.S. stimulus, jobs
[ad_1] SINGAPORE (Reuters) – Asian stock markets made a cautious start on Thursday following two days of rallies, as investors await the passage and details of a $2 trillion stimulus package in the United States
Investors look to 2008 for guidance on when to jump back in
[ad_1] LONDON (Reuters) – Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs