The Coronavirus Goes Global

The illness is on every continent except Antarctica, with more new cases now being reported outside China than within. But how threatening is the outbreak, really?

The Fed Can’t Inoculate the Economy From Coronavirus

The outbreak is emerging as perhaps the greatest risk the global economy has faced since the 2008 financial crisis.

The Finance 202: Coronavirus is already disrupting the economy. Look at West Coast ports.

Coronavirus Upends Global Toy Industry

Toy companies are delaying shipments and new product launches and struggling to fill retail orders as the epidemic disrupts supply chains around the world.

Coronavirus 'no catastrophe' for economy: ECB's Holzmann

The spread of coronavirus in the euro zone is "no catastrophe" for the...

Coronavirus 'is a true black-swan event' sparking corrections across global markets

International investors believe coronavirus is truly a global phenomenon, and the entire global stock market has been taken down.

IMF likely to downgrade global growth due to coronavirus: IMF spokesman

The fast-spreading coronavirus will clearly have an impact on global economic gr...

Global Stocks Plunge as Coronavirus Fears Deepen

'Right now the direction ahead for the economy is straight down,' said one expert

Coronavirus and its global sweep stokes fear over facts. Experts say it's unlikely to produce 'apocalyptic scenario'

Coronavirus: Shares face worst week since global financial crisis

Asian stock markets continue falling, as the coronavirus spreads across the globe.

World prepares for coronavirus pandemic; global recession forecast

Hopes the coronavirus would be contained to China vanished on Friday as infectio...

Japan's Abe says ready to protect economy from coronavirus impact

Japanese Prime Minister Shinzo Abe said on Friday the government will take polic...

Coronavirus fear touches off a global run on face masks

Fear of the spreading coronavirus has led to a global run on sales of face masks despite medical experts' advice that most people who aren't sick don't need to wear them. Many businesses are sold out, while others are limiting how many a customer can buy. Amazon is policing its site, trying to make sure sellers don't gouge panicked buyers. In South Korea, hundreds lined up to buy masks from a discount store. Rumors that toilet paper and napkins could be used as masks have emptied store shelves in Asia of paper goods over the past few weeks. Ordinary people trying to protect themselves from the outbreak are not the only ones encountering shortages. Some health care professionals are seeing them as well. Some industry officials are attributing the shortages not just to high demand but to disruptions in supply: An outsize share of the world's surgical masks are made in China - 50%, by its own estimate - and some of the factories are in or near the hard-hit city of Wuhan and have been shut down for weeks because of the crisis, they said. In the U.S., Walgreens, Home Depot, Lowe's and True Value Hardware are reporting a sharp uptick in sales of masks over the past several weeks and say they are scrambling to get more from suppliers to keep up with demand. Home Depot, the nation's largest home improvement chain, has limited sales of N95 respirators to 10 per person. They have a close facial fit and more filtration material than general surgical masks, enabling them to keep out at least 95% of particles. Marc Jaconksi, owner of Stanley's True Value Hardware and Rental store in Philadelphia, said he saw a surge in demand for masks, particularly the N95, two weeks ago. But since Tuesday, when the U.S. Centers for Disease Control and Prevention warned that the...

BoE's Carney says coronavirus could hurt UK economy: Sky News

Bank of England Governor Mark Carney said Britain should prepare for an economic...

The coronavirus outbreak may have a two-quarter hit on China's economy says Stephen Roach

Stephen Roach said he expected the disruption from COVID-19 to last longer than the damage SARS wrought 17 years ago.

Coronavirus is already impacting the UK economy Bank of England's Carney says

The United Kingdom is already seeing an economic impact from the coronavirus outbreak, the outgoing Bank of England governor told Sky News.

The coronavirus exposes the biggest rift in the gig economy

What happens if a courier gets coronavirus while delivering someone's food? Who's liable for the health coverage?

China Spins Coronavirus Crisis Hailing Itself as a Global Leader

The propaganda push suggests the Chinese government might be worried about the lasting damage of the outbreak.

Dow's Drastic Decline Coronavirus and Global Pandemic Fears - 5 Things You Must Know Friday

Stock futures signal another steep drop for Wall Street after the World Health Organization says the coronavirus outbreak has 'pandemic potential'; the Dow's drop Thursday of 1,190.95 points was its largest one-day point drop in history; the S&P 500 has fallen 12% from its all-time high set a week ago.

UK coronavirus cases rise 46% as fears of global crisis grow

Boris Johnson to chair emergency Cobra meeting after first patient reported in Wales

How IBM Goldman Sachs PwC and others are responding to the coronavirus threat to the global workplace

Coronavirus threatens global economy as experts warn no country will be spared

The rapid spread of coronavirus raised fears of a pandemic on Friday, with count...

Global markets Wall Street drag out week long free fall as coronavirus crisis worsens

Coronavirus Fears Are Driving Interest Rates Down a Bad Omen for the Economy

Very low rates mean there is little room to maneuver if economic conditions get worse.

Coronavirus risk at very high global level says WHO's Tedros

The risk of spread and impact of the coronavirus is now very high at a "global level", World Health Organization chief Tedros Adhanom Ghebreyesus told reporters in Geneva on Friday.

Coronavirus updates: WHO upgrades global virus spread risk to 'very high'

Stocks around the world have been hit hard amid mounting concerns about the impact of the COVID-19 virus on business. The virus has continued to spread, with 27 new cases in Germany. DW has the latest here.

WHO Raises Global Risk from Coronavirus to ‘Very High’

The World Health Organization said there is still a chance to contain the virus, which causes the disease COVID-19.

WHO raises coronavirus threat assessment now says virus poses a 'very high' risk at a global level

WHO officials said they are increasing the risk assessment of the coronavirus to "very high" across the world.

Coronavirus Deals Blow to Global Business

The coronavirus has sent markets tumbling, as its ramifications to a swath of businesses and industries becomes more apparent. Here’s a roundup of how the virus is affecting key industries.

Coronavirus and the economy: Submit your questions for our expert

The Coronavirus has been affecting financial markets worldwide and we want to get you answers on what that means for your portfolio.

Powell: Coronavirus ‘Poses Evolving Risks’ to U.S. Economy

Jerome Powell issued an unscheduled statement on Friday, saying he and his colleagues are monitoring the coronavirus fallout.

Factbox: Global central bankers on coronavirus possibility of rate cuts

With the rapid global spread of the new coronavirus and the U.S. stock market su...