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NEW YORK: Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot of optimism to markets reeling under the biggest selloff since the global financial crisis.
NEW YORK/ LOS ANGELES (Reuters) - New York state suffered another quick and brutal rise in the number of COVID-19 cases on Tuesday, staggering hospitals at the U.S. epicenter of the coronavirus epidemic, as California said it could be facing the next major wave of the disease.
NEW YORK: Wall Street's slide deepened on Monday as an unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy proved insufficient to sooth investors' fears about the swiftly-spreading coronavirus.
MUCH as Pan Am Corp was an emblem of the first wave of global aviation, Emirates has dominated the world airline industry for a generation. Its announcement that almost all passenger flights will be suspended from tomorrow marks the death knell of that era.
NEW YORK: Wall Street wrapped up its worst week since October 2008, with the Dow and S&P 500 sliding more than 4% on Friday as tough restrictions by New York and California to try to contain the spread of the coronavirus fueled worries about damage to the economy
IT’S been four weeks of pandemonium in the market. Just a month ago, markets across the globe, particularly the Dow Jones and the S&P 500 were at all-time highs.
IT is trying times for everyone as the global financial world melts down but the order of the day is really to stop the spread of coronavirus (Covid-19) so that some normality could return.
KUALA LUMPUR: Genting Malaysia Bhd, Top Glove Corp Bhd, WCT Holdings Bhd, Censof Holdings Bhd and FGV Holdings Bhd are among the stocks to watch on Friday.
PARIS (AFP): Italy surpassed China on Thursday as the country with the most deaths from coronavirus as the UN chief warned "millions" could die if it spreads unchecked around the globe.
NEW YORK: U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.