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PARIS (Reuters) - How the European Union responds to the coronavirus outbreak will determine its future credibility, a French minister said on Sunday, after the bloc failed to agree last week on measures to cushion the economic blow.
WASHINGTON, (Reuters) - It may, as House Majority Leader and Maryland Democrat Steny Hoyer said on Friday, be out of love that the United States agreed to shut down much of its economy to stop a viral epidemic and save lives.
MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez on Saturday announced stricter lockdown measures that will force all non-essential workers to stay at home for the next two weeks, as the government reported 832 new coronavirus deaths overnight.
BEIJING (China Daily/ANN): China will modestly raise its budget deficit ratio, issue special sovereign bonds and bolster the scale of local government bonds as part of a slew of macroeconomic policies to cope with impacts of the Covid-19 pandemic, according to a decision made at a key meeting of the Communist Party of China on Friday (March 27).
PETALING JAYA: The coronavirus (Covid-19) pandemic, coupled with global headwinds, may trigger more downgrades in the domestic bond market this year.
FACED with an industry heading toward a wave of bankruptcies, an investor’s first instinct is often turning to the first three pages of the financial statements.
Value Partners’ Cheah says it is too early to buy US and European stocks
SINGAPORE (The Straits Times/ANN): Singapore Airlines (SIA) aims to raise up to S$15 billion amid major financial challenges due to the Covid-19 pandemic which has hit the global air travel sector badly.
FROM Damian Pheny
SINGAPORE/SYDNEY: Singapore Airlines Ltd said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return