Author Archives: Syndicated Content
ECB allots $4.12 billion in 7-day dollar swap
FRANKFURT (Reuters) - The European Central Bank on Tuesday lent euro zone banks $4.12 billion in a newly created daily tender aimed at easing stress in the U.S. dollar funding market, a big increase f...
Mar 24, 2020
Senate talks to resume, hopes high massive coronavirus bill will pass
By Richard Cowan and Patricia Zengerle WASHINGTON (Reuters) - The U.S. Senate could pass a $2 trillion coronavirus economic stimulus package as soon as Tuesday, negotiators said, insisting they had ma...
Mar 24, 2020
Volkswagen to halt production in Russia due to supply shortage from Europe
MOSCOW (Reuters) - Volkswagen will suspend its car production in Russia over a supply shortage caused by the coronavirus outbreak in Europe, Volkswagen Group Rus said on Tuesday. Production will be st...
Mar 24, 2020
S&P futures hit upper trading limit after another brutal session
By Uday Sampath Kumar (Reuters) - S&P 500 futures hit their daily upper trading limit on Tuesday, rebounding from another brutal session caused by investor panic over the rapidly spreading coronavirus...
Mar 24, 2020
Iran death toll from coronavirus close to 2,000: Health Ministry
DUBAI (Reuters) - Iran's death toll from the coronavirus outbreak increased by 122 in the past 24 hours to 1,934, Health Ministry spokesman Kianoush Jahanpour said on Tuesday. The total number of peop...
Mar 24, 2020
Chinese consumer finance firms rush to raise money via ABS amid coronavirus
BEIJING/SHANGHAI (Reuters) - Chinese consumer finance companies are rushing to fund lending by selling asset-backed securities (ABS) as they join banks in a government-led campaign to boost consumptio...
Mar 24, 2020
South Africa's coronavirus cases reach 554, country braces for lockdown
JOHANNESBURG (Reuters) - South Africa's confirmed number of coronavirus cases rose to 554 on Tuesday from 402 a day earlier, as businesses raced to make plans for a nationwide lockdown from midnight o...
Mar 24, 2020
U.S. delays immigration hearings for migrants in Mexico amid coronavirus
(Reuters) - The U.S. government said on Monday all court hearings for asylum-seeking migrants in Mexico will be rescheduled due to the coronavirus outbreak. In a bid to slash asylum claims, the admini...
Mar 24, 2020
Emerging market bond funds suffered disproportionately in past month
(Reuters) - Emerging market bond funds are performing poorly compared with their global peers as investors rush into the safety of cash and money markets to shield themselves from a further market ero...
Mar 24, 2020
Most of India under lockdown as coronavirus appears in small towns
By Sanjeev Miglani and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - Police enforced lockdowns across large parts of India on Tuesday, with curfews in some places, as health officials warned that the c...
Mar 24, 2020
