Pedestrians walking past the Bombay Stock Exchange (BSE) building in Mumbai, India. A top Indian official said there's no need for the government to take immediate steps to support the economy following a crash in oil prices that has sent financial markets into a tailspin. - Bloomberg
LONDON/DUBAI/SINGAPORE:Oil prices jumped by around 8% on Tuesday (March 10) a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with OPEC remained possible.
US President Donald Trump on Monday said he will be taking "major" steps to gird the US economy against the impact of the spreading coronavirus outbreak, while Japan's government plans to spend more than $4 billion in a second package of steps to cope with the virus.
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