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Wall Street extends recent selloff, Dow all but erases 'Trump-bump'

Trump's request for Congress to approve $500 billion in cash payments to taxpayers along with $50 billion in loans for airlines did little to stem the rout

US economy likely to shrink by 4% in Q1, down by 14% in Q2: JP Morgan

The forecast assumes the Fed will continue to find "creative" ways to support the economy and that the Trump administration and Congress deliver fiscal support of $1 trillion

Govts scramble to prop up airlines as Covid19 forces more flight, job cuts

US airlines are seeking to quickly reduce their workforces through unpaid leave of up to 12 months with medical benefits or early retirement packages in a sign carriers do not expect a quick rebound

Coronavirus deaths cross 8,700 worldwide, more than 204,000 affected

Infections outside China have been reported by 170 countries

Here's a list of sports events around the world hit by coronavirus pandemic

The Olympic Games flame handover in Athens will be done in an empty stadium on March 19

Coronavirus could destroy up to 25 million jobs globally: Labour body

The organization called for urgent, large-scale and coordinated measures to protect workers in the workplace, stimulate the economy and support jobs and incomes

Trump closes Canada border to check coronavirus, seeks funds from Congress

Trump said details on the move would be announced later but that it would not affect trade between the two countries

Covid-19 impact: BOJ eases policy further, ramps up risky assets purchase

The BOJ left unchanged its short- and long-term interest rate targets buy a 7-2 vote.

Covid-19 outbreak: Airlines change schedules, cut jobs, and seek govt aid

"Demand is drying up in ways that are completely unprecedented," CAPA said in a report

Gold rises after US Fed interest rate cut, but pares gains on cash hunt

The dollar fell from a more than two-week high and stock markets plunged after the Fed cut rates for the second time this year

US Fed cuts rates, central banks coordinate to cushion coronavirus blow

The Bank of Japan just said it will hold an emergency meeting Monday, instead of the March 18-19 scheduled one

COVID-19 panic-buying: Factories re-orient ops as US supermarkets run dry

Retailers have warned that hoarding toilet paper, cleaning supplies and food staples was fueling shortages and stoking fear

Global stocks plunge, dollar slides as Fed's emergency cut spooks investors

US stock futures plunged 4.8% to hit their downlimit before daybreak in Singapore. The dollar sank more than 2% against the yen

US dollar falls after Federal Reserve cuts interest rates to near zero

The US Federal Reserve cut rates to a target range of 0% to 0.25% and said it would expand its balance sheet by at least $700 billion in coming weeks

French local election exit poll puts Socialist Paris mayor in lead

Hidalgo with 30% was ahead of Dati on 22% and Agnes Buzyn from President Emmanuel Macron's La Republique en Marche party in third with 17.7%, according to the exit poll

Fed slashes rates in emergency coronavirus move; US death toll hits 62

Policymakers were not due to hold their next interest-rate setting meeting until March 17-18.

Goldman Sachs downgrades US growth forecast for Q1, Q2 due to coronavirus

In a note sent on Sunday, the US bank said it now sees real gross domestic product growth of 0% in the first three months of the year, from its original estimate of 0.7% expansion

Donald Trump congratulates US Fed for rates cut, calls action 'terrific'

US President Donald Trump congratulated the central bank for taking further action aimed at helping shore up the US economy

White House urges Americans not to hoard as coronavirus death toll hits 62

Panic buying has prompted Walmart and other stores to limit hours so they have time to restock and sanitize

Coronavirus impact: New Zealand's central bank cuts interest rate to 0.25%

The unexpected move came ahead of its scheduled policy decision meeting on March 25.