[ad_1] (Reuters) – Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven
Stock markets and oil markets bounce after brutal flooring
[ad_1] LONDON (Reuters) – Oil and equity markets staged solid rebounds on Tuesday after the previous day’s pummelling, with signs of coordinated action by the world’s biggest economies to cushion the economic impact of coronavirus
Thailand unveils $12.7 billion stimulus package to ease coronavirus impact
[ad_1] BANGKOK (Reuters) – Thailand’s cabinet approved a stimulus package on Tuesday worth an estimated $12.7 billion to help alleviate the impact of the coronavirus epidemic on already-faltering domestic activity. Women travel in a public
U.S. airlines ditch 2020 outlook on coronavirus effect
[ad_1] An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March 4, 2019. Picture taken March 4, 2019. REUTERS/Lucy Nicholson/File Photo (Reuters) – American Airlines Inc and smaller peer
Exclusive: U.S. sanctions have idled a quarter of Iranian oil rigs
[ad_1] LONDON (Reuters) – At least a quarter of Iran’s oil rigs are out of action as U.S. sanctions strangle the Islamic Republic’s vital oil industry, according to a Reuters review of financial documents and
Asian shares emerge from rout as stimulus hopes calm panic
[ad_1] SYDNEY/HONG KONG (Reuters) – Asian stocks bounced, and bond yields rose from record lows on Tuesday on hopes that global policymakers would introduce co-ordinated stimulus to cushion the economic impact of a coronavirus outbreak.
Foreigners sell $9 billion worth of Asian equities so far in March
[ad_1] (Reuters) – Foreign investors are aggressively selling Asian equities this month amid worries of a deeper economic fallout from the coronavirus outbreak in the region. A broker reacts while trading at his computer terminal
Oil jumps 5% after rout on stimulus hopes, slowing virus in China
[ad_1] SINGAPORE (Reuters) – Oil prices jumped by 5% on Tuesday after the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus, although early gains were pared on demand
Qantas cuts international capacity, delays A350 order as coronavirus bites
[ad_1] SYDNEY (Reuters) – Qantas Airways Ltd will cut its international capacity by nearly 25% over the next six months and delay an order for Airbus A350 planes as part of sweeping changes in response
Iran temporarily releases 70,000 prisoners as coronavirus cases surge
[ad_1] DUBAI (Reuters) – Iran has temporarily freed about 70,000 prisoners to combat the spread of the coronavirus in jails, the head of the judiciary said on Monday, as officials reported hundreds of new infections