A decision by the world's major central banks to enhance their dollar swap lines will serve as an important backstop to ease strains in global funding markets, the Bank of Japan said on Friday.
The Group of 20 major economies faces mounting pressure to bridge internal divisions and unite against the coronavirus, just as it coalesced to address the 2008-09 global financial crisis.
The U.S. government is moving its tax filing day from April 15 to July 15, Treasury Secretary Steven Mnuchin said on Friday amid the coronavirus crisis afflicting the country.
Traders and analysts are struggling to revise down their forecasts for oil demand fast enough, as government lockdowns to contain the coronavirus outbreak have rapidly cut fuel consumption.
The U.S. Federal Reserve said on Friday that it would enhance the U.S. dollar liquidity swap line arrangements it has with several major central banks.
Bank of America Corp said on Friday it has hired 1,700 people in the consumer bank so far this month as banks faced a surge in customer service demand amid coronavirus concerns.
Shattered airlines were left counting the cost of government support as countries from the United States to New Zealand set out conditions for bailouts needed to absorb the shock of the coronavirus pandemic.
U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs and left the economy teetering on the brink of a recession.
Ford will bring forward part of the summer shutdown for its British engine plants to Easter due to the coronavirus outbreak.
Wall Street's main stock indexes rose more than 1% on Friday, as dramatic intervention by U.S. policymakers halted the worst monthly selloff in U.S. equities in three decades.
Negotiations between Bayer AG and plaintiff lawyers to settle claims its glyphosate-based weedkillers cause cancer have been slowed by the coronavirus outbreak, according to the mediator in the talks.
Sri Lanka imposed a nationwide weekend curfew on Friday as South Asian countries escalated efforts to check the spread of coronavirus across the densely populated region of 1.9 billion people.
The death toll from an outbreak of coronavirus in the northern Italian region of Lombardy, which has borne the brunt of a nationwide contagion, has risen by around 380 in a day to some 2,550, a source said on Friday.
Martina Merz, who took over as interim chief executive of Thyssenkrupp , will remain in the job until 2023 after successfully selling the group's elevator unit in a landmark deal last month, the conglomerate said on Friday.
Brazil's Senate on Friday approved a presidential decree declaring a national emergency over the coronavirus epidemic, allowing the government to waive fiscal targets and free up budget resources to fight the virus that has killed seven and infected 621 in the country.