Nasdaq News

Death arrived slowly at the nursing home where Chelo Megia works. Then it was everywhere.

The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and jewelry by 75% so far and is likely to cause widespread job losses, an industry body said on Monday.

(RTTNews) - European plane maker Airbus SE (EADSF.PK, EADSY.PK) announced Monday its decision to withdraw fiscal 2020 guidance and 2019 dividend proposal due to the worsening COVID-19 pandemic.

Singapore's main price gauge slipped into deflation for the first time in over a decade in February, data showed on Monday, as the coronavirus pandemic drove declines in airfares and holiday expenses.

Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for 15 billion euros ($16.1 billion).

The dollar held gains against most peers on Monday as fresh declines in stocks accelerated the flight to cash, although it lost ground against the euro and yen as U.S. lawmakers failed to pass a stimulus package to fight the coronavirus.

South Korea said on Monday it would provide logistical and financial support to help the auto industry through the coronavirus crisis, warning of disruptions to supply chains from Europe and the United States.

Is gold's current pullback just a blip on the way to higher prices as fears over the economic impact of the coronavirus will drive renewed buying, or is it a sign the precious metal isn't quite the safe haven it used to be?

SoftBank Group Corp said on Monday it is selling up to 4.5 trillion yen ($41 billion) in assets to buy back another 2 trillion yen of its shares and reduce debt.

China's yuan extended its decline against the dollar on Monday, having posted its worst week in seven months last week as the dollar continued to benefit from investors' aversion to risk globally due to the economic impact of the coronavirus pandemic.

SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund a share buyback of up to 2 trillion yen and reduce debt.

Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic damage from the coronavirus and made a chaotic dash for the exits.

A product that traders use to profit from surges in volatility has soared as coronavirus fears ravaged stocks, prompting concern about a plunge if the market's wild swings subside.

Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic damage from the coronavirus and made a chaotic dash for the exits.

China stocks fell on Monday amid a wider selloff on coronavirus worries, though losses were limited as Beijing signalled further support for its markets and as new cases dropped in the country.

At least 10 Chinese firms have said they could delay or change plans to raise funds via private share sales after regulators closed a loophole in recently loosened rules designed to help companies battling the economic impact of the coronavirus.

The Reserve Bank of Australia (RBA) on Monday bought A$4 billion ($2.3 billion) in local government bonds as part of its quantitative easing programme to keep short-term yields around the cash rate of 0.25%.

Asian shares sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers' frantic efforts to cushion what is likely to be a deep global recession.

The Group of 20 finance leaders will not issue a statement after Monday's teleconference, a G20 source told Reuters, underscoring the challenge they face in garnering a consensus on how to deal with the rising economic risk from the coronavirus outbreak.

(RTTNews) - Indian shares plunged on Monday as COVID-19 cases in India swelled up to 400 and Prime Minister Narendra Modi said the 14-hour-long 'Janta Curfew' on Sunday was just the beginning of a long battle against coronavirus outbreak.