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Investors are coming round to the view that the human toll of the coronavirus pandemic is "going to get worse before it gets better," according to Peter Dixon, global equities economist at Commerzbank.
Italy's UniCredit SpA suspended dividend payments on 2019 earnings, bowing to European Central Bank pressure to retain capital amid the coronavirus turmoil.
Navid Malik, executive director of Life Sciences Division, discusses working with Stabilitech on a vaccine for coronavirus and how long it could be before one is on the market.
China's lifting of restrictions related to the coronavirus has been successful, according to research by Imperial College in London. "As movement increased and China restarted their economy, we didn't see an increase in transmission," says Dr. Kyl...
The dollar is firmer today, advancing for the first time in four sessions. It had its worst week since 1985 last week and it followed a wave of credit rating cuts and a surge in coronavirus cases. According to strategists at Goldman Sachs, the dol...
Jefferies says the CFO of its main subsidiary has died from complications linked to coronavirus, marking one of the first reported deaths among senior Wall Street figures. Like all aspects of society, the rule of the c-suite are being rewritten un...
Quarter-end strains may add to the skittishness of an already volatile market. End of the month tweaks to money manager portfolios may add as much as $1 trillion to stock markets according to strategists.
Christy Tan, head of markets strategy and research for Asia at National Australia Bank, discusses the outlook for the region's currencies including the Singapore dollar and the Chinese yuan.
The top infectious disease expert in the U.S. is warning coronavirus deaths in the U.S. could possibly hit 200,000. Meanwhile, President Donald Trump told reporters that he hopes the economy is back on track by June 1.
Huiping Yan, chief financial offer of Chinese delivery giant ZTO Express, discusses how the coronavirus outbreak is affecting demand for the company's services.
Medha Samant, director of investment at Fidelity International, discusses how the coronavirus outbreak is affecting economies and markets, and where she sees opportunities.
Crude dropped to its lowest in 17-years as virus lockdowns cascade through the world's largest economies. The market has been roiled by cratering demand and an unmanageable surplus while Russia and Saudi Arabia remain at odds about curbing output.
The Chinese government says 30 of the 31 new confirmed coronavirus cases have been import. It comes after the country sealed its borders to foreigners on Saturday.
Two of the most populous nations in Asia, India and Indonesia, are increasing restrictions on personal movement as migrant workers in both nations try to return home and therefore raising the prospect of further spreading of the virus.
Selina Ling, head of treasury research and strategy for global treasury at OCBC Bank, discusses the moves by the Singapore Monetary Authority to ease policy and reduce the slope of its currency band to zero.
Michael Osterholm, director of the Center for Infectious Disease Research at the University of Minnesota, talks about the U.S. government's response to the coronavirus outbreak. In an opinion piece he co-write for the New York Times, Osterholm dis...
President Donald Trump says his administration expects the peak of deaths in the U.S. coronavirus outbreak to be reached in about two weeks, and that he would extend guidelines for Americans to distance themselves from one another until April 30. ...
Lawrence H. Summers, former U.S. Treasury Secretary, dismisses Lloyd Blankfein's tweet prioritizing the economy in the midst of a public health crisis and gives his take on the $2 trillion stimulus bill that recently passed through the House. He...
Roberto Azevedo, director-general of the World Trade Organization, discusses his view on the impact the COVID-19 crisis will have on trade and the global economy.
Former Microsoft Corp. Chief Executive Officer Steve Ballmer, owner of the Los Angeles Clippers, discusses his view on the effect the coronavirus will have on markets and Big Tech.
President Donald Trump invoked the Defense Production Act to order General Motors to make ventilators. Trump appointed White House trade adviser Peter Navarro to coordinate actions under the DPA. They both spoke at The White House.
President Donald Trump signed the largest stimulus package in U.S. history on Friday, a $2 trillion bill intended to rescue the coronavirus-battered economy.