[ad_1] SYDNEY/CHICAGO (Reuters) – The fallout from the coronavirus spread across the Pacific on Friday, with Australian travel firms issuing profit warnings and Japanese carriers cutting capacity, while U.S. airlines rushed to cut flights to
Pentagon seeks to reconsider parts of $10 billion cloud contract awarded to Microsoft
[ad_1] (Reuters) – The U.S. Department of Defense (DoD) is seeking court permission to reconsider certain aspects of its decision to award a $10 billion cloud computing contract to Microsoft Corp, court filings showed on
India’s February trade deficit at $9.85 billion – government
[ad_1] FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File photo NEW DELHI (Reuters) – India’s trade deficit sharply narrowed in February to $9.85 billion from $15.17
Dashboard of Japanese stocks with a stake in Olympics’ success
[ad_1] (Reuters) – Japanese stocks banking on the success of the Olympics this year are taking a hit as the rapid spread of coronavirus is threatening a cancellation of the world’s biggest sporting tournament. Tokyo
Fed’s economic forecasts to give window into extent of coronavirus fears
[ad_1] WASHINGTON (Reuters) – U.S. Federal Reserve policymakers have already begun responding to the coronavirus with an emergency interest rate cut and a reopening of their crisis tool kit, all without a clear idea of
Indian stocks claw back losses after virus-fuelled crash
[ad_1] A man reacts as he looks at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, March 12, 2020. REUTERS/Francis Mascarenhas BENGALURU (Reuters) –
Japan vows ‘bold’ step to beat virus fallout, signals big spending package
[ad_1] TOKYO (Reuters) – Japan must take “bold and unprecedented” steps to beat the economic fallout from the coronavirus, its economy minister said, suggesting large-scale fiscal stimulus is in the works as the government tries
Stimulus hopes pull global stocks back from abyss
[ad_1] SINGAPORE (Reuters) – Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class – before finding some kind of floor as hopes turned to a U.S. stimulus package. A pedestrian in
Central banks boost liquidity as market panic triggers dash for cash
[ad_1] HONG KONG (Reuters) – Asian markets looked to policymakers on Friday to help ease a liquidity squeeze as cratering stock markets triggered a rush for cash, driving many regional currencies lower and threatening a
Policymakers ramp up support as coronavirus fears shred markets
[ad_1] SINGAPORE/WASHINGTON (Reuters) – Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis.