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New York: The S&P 500 dropped 2% on Tuesday as investors took profits following a warning from the top U.S. infectious disease expert that premature moves to reopen the nation's economy could lead to novel coronavirus outbreaks and set back economic recovery
LONDON: Bank Indonesia is poised to buy sovereign bonds directly from the government, underscoring a massive shift that is playing out in Asia’s investment landscape.
JAKARTA: Bank Indonesia is poised to buy sovereign bonds directly from the government on Tuesday (April 28), underscoring a massive shift that is playing out in Asia’s investment landscape.
NEW YORK: An investor group backed by Global Infrastructure Partners (GIP) and Brookfield Asset Management Inc is seeking a loan of about US$8bil to finance the potential purchase of a stake in Abu Dhabi National Oil Co’s (Adnoc) natural gas pipelines, according to sources.
SAN FRANCISCO: Home-sharing leader Airbnb Inc lined up US$1bil in debt, adding to last week’s same-size haul and boosting a financial cushion it can use to grow and pay bills as the global coronavirus pandemic crushes demand for travel and diminishes the prospect of an initial public offering.
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Saturday that he had a video call with BlackRock Chief Executive Officer Larry Fink to discuss the novel coronavirus and its impact on the world economy. He gave no further details.
CHINA'S trillion dollar asset-management market opens wider this week, forcing BlackRock Inc., Vanguard Group Inc. and other global firms to make a strategic decision: Go it alone or work with an entrenched local partner.
CHINA'S currency traders are much less worried about the prospects of a global economic recession than their colleagues trading the S&P 500 or the Brazilian real.
NEW YORK: Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.