Analysts warn that the COVID-19 pandemic could disrupt the global pharmaceutical supply chain which is heavily reliant on China and India, as India takes harsh measures to combat the spread of the virus.
Euro zone finance ministers are not expected to agree on additional funding to mitigate the economic impact of the coronavirus when they meet Tuesday evening, two sources told CNBC.
South Africa has announced a nationwide lockdown of its 56 million inhabitants for 21 days, enforced by police and the army, in a bid to curtail the spread of coronavirus.
Hubei province said travel restrictions on the capital city of Wuhan will be removed starting April 8, which would end a lockdown that began on Jan. 23.
The euro zone economy suffered "an unprecedented collapse" in business activity in March as the coronavirus outbreak intensified, according to flash PMI data.
The German government will return to its savings policy once the coronavirus crisis is over, Economy Minister Peter Altmaier told ZDF broadcaster on Tuesday.
Disease outbreaks have led to longer market declines and rebounds that are less sharp as compared with crises that are brought on by natural disasters, according to Credit Suisse.
CNBC's Joumanna Bercetche argues why we need to be able to trust that the actions of policymakers will be enough to minimize the human and economic loss of coronavirus.
An early look at Chinese business conditions in March shows little indication the economy has recovered much from the shock of the new coronavirus in the first two months of the year, according to the China Beige Book.
There are just not enough dollars to execute trades and transactions – that explains why the trade-weighted dollar index, gained more than 4% last week.
The cryptocurrency market suffered a violent sell-off earlier this month as global markets tanked due to the continued spread of the coronavirus. But bitcoin and other digital coins are bouncing back.
Billions of dollars are at stake. Japan has pumped at least $12 billion of investment into the 2020 Tokyo Olympic games, not to mention the losses that would be incurred by sponsors, broadcasters and others.