Stocks battered by Treasury rally as virus sparks shake out
Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown....
Cathay Pacific to close Vancouver cabin crew base, cutting 147 roles
Hong Kong’s Cathay Pacific Airways Ltd said on Friday it was closing its Vancouver cabin crew base, laying off 147 crew members, as part of...
U.S. employment report expected to show strength before coronavirus spread
U.S. job growth likely slowed in February, but the pace probably remained consistent with a healthy labor market despite the coronavirus outbreak, which stoked financial...
JPMorgan CEO Jamie Dimon recovering after emergency heart surgery
JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as...
HSBC sends home 100 London staff, confirms China coronavirus case
HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at...
South Korea, Japan to hold export control talks via teleconference, Jiji says
South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday,...
Oil slips amid demand concern, fears over OPEC+ deal for deeper output cuts
Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers...
Stocks suffer, Treasury yields plumb new depths as virus spreads
Asian shares and U.S. stock futures fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened,...
Trump says U.S. economy could take hit from coronavirus
President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but he predicted the challenge would eventually pass...
U.S. financial companies prep for new normal amid coronavirus outbreak
U.S. financial companies are doubling down on travel restrictions to include domestic trips, replacing meetings with video calls, and webcasting events as the coronavirus outbreak...