Markets

REUTERS: U.S. stock markets opened sharply higher on Friday after their worst daily selloff in more than three decades as investors hoped more fiscal easing would head off a global recession. The Dow Jones Industrial Average rose 773.20 points, or 3.65per cent, at the open to 21,973.82. The S&P...

Xerox Holdings Corp said on Friday it would postpone a meeting with HP Inc shareholders amid the coronavirus outbreak.

Warren Buffett's Berkshire Hathaway Inc said on Friday it will hold its annual meeting as scheduled on May 2, but without shareholders in physical attendance due to the coronavirus outbreak.

MADRID: The coronavirus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with international travel likely to slump by a quarter this year, the World Travel and Tourism Council projected on Friday (Mar 13). The coronavirus outbreak "clearly presents a ......

Elon Musk is expected to defend a US$2.2 billion deal in court next week criticized by shareholders as benefiting Musk at the expense of Tesla Inc, and the outcome may depend as much on the chief executive's temperament as on the facts of the case.

As President Donald Trump scrambles for new ways to cushion the economic blow from the fast spreading coronavirus, industry groups, lawmakers and even some government officials are reviving a previous request: cut tariffs on Chinese and other imported goods.

U.S. Federal Reserve policymakers have already begun responding to the coronavirus with an emergency interest rate cut and a reopening of their crisis tool kit, all without a clear idea of what damage is being done outside of plummeting financial markets.

SINGAPORE: Singapore's stock market went into a steep slide on Friday (Mar 13) as fears over the COVID-19 pandemic deepened, joining a global rout that has seen shellshocked investors across the world tip into a "sell-everything mode". The benchmark Straits Times Index (STI) fell as much as 6.3 ......

Bitcoin plummeted to its lowest in almost a year on Friday before rebounding sharply, as coronavirus panic selling hit asset classes across global markets.

Banks have hundreds of billions of dollars in credit lines extended to corporate America. Some companies are no longer banking on them.