SINGAPORE (BLOOMBERG) – Singapore’s Budget provides a “fairly large fiscal boost” to the economy to counter the impact of the coronavirus, with the Government still expecting positive growth for the
China mulls cash injections, mergers to bail out airlines: Sources
BEIJING (BLOOMBERG) – China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with
Australia, NZ dollars weaken on fears of virus impact on economy
SYDNEY, Feb 19 (Reuters) – The Australian and New Zealand dollars nursed losses on Wednesday as risk appetite weakened over fears about the hit to world economies from the coronavirus
GLOBAL MARKETS-Stocks slide on Apple's virus warning, euro near three-year low
(Adds oil, gold settlement prices) * Apple will miss quarterly revenue target due to coronavirus * Euro near three-year low after bleak German ZEW survey * Oil rebounds on Libya
Ratings agency S&P cuts Macy's credit rating to 'junk'
Feb 18 (Reuters) – S&P Global Ratings cut Macy’s Inc’s credit rating to “junk” on Tuesday, citing considerable execution risks in the company’s new plan to revive its business, sending
UPDATE 1-Greek January central government primary budget surplus misses target
(Adds details, minister’s comment) ATHENS, Feb 18 (Reuters) – Greece’s central government achieved a primary budget surplus of 498 million euros ($539.33 million) in January, missing its target because it
UPDATE 1-Fluor discloses SEC probe, pares asset sale plans; shares fall
(Adds details, forecast, background, shares) Feb 18 (Reuters) – Fluor Corp said on Tuesday the U.S. Securities and Exchange Commission (SEC) is investigating the engineering and construction firm’s past accounting
UPDATE 2-Euro zone bond yields steady as caution prevails
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds Belgium syndication) By Dhara Ranasinghe LONDON, Feb 17 (Reuters) – Government bond yields in the euro area were mostly
UPDATE 1-Euro zone cautiously eyes fiscal boost as virus uncertainty looms
(Adds Centeno on coronavirus, Italy finance minister) By Francesco Guarascio BRUSSELS, Feb 17 (Reuters) – Euro zone finance ministers will discuss on Monday a document that calls for a more
UPDATE 1-Coronavirus could hurt Dubai's tourism, raises Oman risks: S&P
(Adds detail on Oman, GCC fiscal deficits) By Saeed Azhar DUBAI, Feb 17 (Reuters) – Dubai’s hospitality industry faces the biggest risk in the Gulf region from travel restrictions triggered