Mini-bull, tired bear, or something in-between
Investors could be forgiven for doing a double-take: Wait, we’re back in a bull market?
Oil gains as governments pledge support amid coronavirus chaos
Oil prices rose on Friday as governments around the world pledged a huge injection of funds and other measures to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil.
Olympics delay deals setback to Samsung’s plans to win over Japan market
For Samsung Electronics Co Ltd , the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal – making significant inroads into Japan’s lucrative smartphone market where Apple Inc dominates.
Singapore Airlines latest to get massive rescue amid coronavirus crisis
Singapore Airlines said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.
Singapore Airlines obtains $13 billion rescue package amid coronavirus shock
State investor Temasek Holdings and others put together a funding package of up to S$19 billion ($13.27 billion) for Singapore Airlines (SIA) in the single biggest rescue for an airline slammed by the coronavirus pandemic.
Asia shares rise on more stimulus hopes but dollar loses steam
Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.
Factbox: Coronavirus cases reported at 13 of Amazon’s U.S. warehouses
Amazon.com Inc is at the front line of responding to outbreaks of the novel coronavirus in the United States, delivering essential goods while about half the population faces government stay-at-home orders.
U.S. banks borrow at discount window after Fed offers stigma relief
With encouragement from the Federal Reserve, U.S. banks have turned to a long-shunned lending facility known as the discount window to borrow $50.8 billion, according to data the central bank released on Thursday.
Oil rises as broader markets gain on hopes for more stimulus
Oil prices rose on Friday after world leaders promised a massive injection of funds to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil.
Big banks reassure staff about potential job cuts
Big banks are postponing decisions about staff cuts as the coronavirus outbreak hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps…
