March 27, 2020

Toyota seeks $9.2-billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as a coronavirus pandemic […]
March 27, 2020

Oil mixed as government pledges reach $5 trillion in coronavirus chaos

Oil prices were mixed on Friday as governments took unprecedented steps to limit the economic fallout from the coronavirus pandemic. Powered by WPeMatico
March 27, 2020

Asia stocks ride stimulus hopes higher but dollar left behind

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to […]
March 27, 2020

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen’s chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday. Powered by WPeMatico
March 27, 2020

Olympics delay deals setback to Samsung’s plans to win over Japan market

For Samsung Electronics Co Ltd , the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal – making significant inroads into […]
March 27, 2020

Factbox: Global oil, gas producers cut spending after crude price crash

Oil and gas companies are cutting spending plans in response to the coronavirus pandemic and a push by Saudi Arabia and Russia to ramp up output. […]
March 27, 2020

Mini-bull, tired bear, or something in-between

Investors could be forgiven for doing a double-take: Wait, we’re back in a bull market? Powered by WPeMatico
March 27, 2020

Tesla to slash on-site staff at Nevada factory by 75% due to virus: county manager

U.S. electric carmaker Tesla Inc plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county […]
March 27, 2020

Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode

The U.S. Federal Reserve’s balance sheet soared past $5 trillion in assets for the first time this week as it scooped up bonds and extended loans […]
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