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TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the central bank will ease monetary policy again if the economy worsens further due to the fallout from the coronavirus epidemic, keeping alive expectations for additional stimulus as early as next month.
KARACHI: Pakistan's central bank on Tuesday cut its key interest rate by 75 bps to 12.50%, the first reduction in four years, citing a global slowdown to ease inflationary pressure.
MUMBAI/KARACHI (Reuters) - India closed the Taj Mahal, its principal tourist site, and the financial hub of Mumbai ordered offices providing non-essential services to keep half their staff at home in increased measures to curb the coronavirus in South Asia.
PETALING JAYA:Petroliam Nasional Bhd (Petronas) may again be called to boost its dividend payout to the government this year, on top of the RM24bil it has committed to, according to Kenanga Research.
SEOUL: The Bank of Korea on Monday took the emergency step of cutting the benchmark interest rate by 50 basis points in a rare inter-meeting rate review, taking the policy rate below 1% for the first time in history to limit the fallout from the coronavirus.
HANOI (Vietnam News/ANN): Local enterprises have urged the Government to activate support policies to help them overcome difficulties in production and business due to the novel coronavirus (Covid-19) pandemic.
HANOI (Vietnam News/ANN): Oil logged its worst week since 2008 after the oil price war, initiated by Saudi Arabia early last week, delivered a double blow to nervous investors already rattled by declines in world stocks due to the spread of the novel coronavirus, or Covid-19
ATLANTA: Official U.S. indicators for employment, inflation and gross domestic product might seem badly out-of-date as the rapidly spreading coronavirus outbreak wreaks havoc on the economy.
PANIC, uncertainty, and fear spread across the world, collapsing markets and emptying shelves, especially toilet paper.