Latest News on private equities market

China's coronavirus epicenter of Wuhan sees single-digit new cases for second day

China's Wuhan city, ground zero of the new coronavirus outbreak, reported five new cases on Friday, the second day in a row the tally has been less than 10, while no locally transmitted infections were reported in the rest of the country.



5 years ago

Canada's Trudeau to be in isolation after wife tests positive for coronavirus

Canadian Prime Minister Justin Trudeau will be in isolation for two weeks after his wife, Sophie, tested positive for coronavirus on Thursday, and the outbreak prompted the province of Ontario to shutter schools to limit the spread.



5 years ago

Singapore to bar recent visitors to Italy, Spain, Germany, France

Singapore will deny from Monday entry or transit to visitors who have been in Italy, France, Spain or Germany in the last 14 days, as part of measures to control the fast-spreading coronavirus, the health ministry said on Friday.



5 years ago

Bob Dylan concerts in Japan canceled as coronavirus spreads

Bob Dylan's upcoming concerts in Japan have been canceled because of the coronavirus outbreak, the tour organizer said on Friday.



5 years ago

Policymakers ramp up support as coronavirus fears shred markets

Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis.



5 years ago

Hong Kong records fourth coronavirus-related death - hospital spokeswoman

An 80-year old man became the fourth patient in Hong Kong to die due to the coronavirus, a Nethersole Eastern Hospital spokeswoman said on Friday.



5 years ago

Oil rises 2% but set for biggest weekly thumping since 2008

Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% on Friday, as investors eyed evaporating demand from the coronavirus pandemic and a production ramp-up by top producers.



5 years ago

SoftBank unveils $4.8 billion buyback after stock tumble, pressure from Elliott

SoftBank Group Corp is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott but failed to soothe investors panicking from the coronavirus pandemic.



5 years ago

Dollar gains from safe-haven scramble as virus rattles markets

The dollar stood tall on Friday as investors scrambled for the world's most liquid currency amid deepening panic about the coronavirus, while the euro nursed losses after the European Central Bank disappointed by not cutting rates.



5 years ago

Starbucks to invest $130 million for roasting plant in China's Kunshan

Starbucks will invest 900 million yuan ($130 million) to build the first phase of a coffee complex in the Chinese city of Kunshan, near the commercial hub of Shanghai, with completion targeted for 2022, it said on Friday.



5 years ago

United States approves coronavirus test in race to boost screening capacity

The U.S. Food and Drug Administration issued emergency authorization for a coronavirus test made by Swiss diagnostics maker Roche , a move aimed at boosting screening capacity to help contain the growing epidemic.



5 years ago

Nepal closes Mount Everest for climbers because of coronavirus fears

Nepal has closed all of its Himalayan peaks including Mount Everest this climbing season because of fears of the coronavirus outbreak, a government minister said on Friday.



5 years ago

Prominent figures join list of coronavirus cases as fears shred markets

Canadian Prime Minister Justin Trudeau's wife, Australia's minister for home affairs and a Chelsea soccer player are among new cases of the coronavirus that has infected almost 135,000 people and killed more than 4,900 worldwide.



5 years ago

New Roche coronavirus test wins emergency U.S. approval

The U.S. Food and Drug Administration (FDA) issued emergency authorization for a faster coronavirus test made by Swiss diagnostics maker Roche , a move aimed at boosting screening capacity to help contain the growing epidemic.



5 years ago

U.S. companies draw on credit lines, fearing they may lose them

Banks have hundreds of billions of dollars in credit lines extended to corporate America. Some companies are no longer banking on them.



5 years ago