Central banks face limits offsetting coronavirus hit: BoE's Cunliffe

Central banks face limits to how much they can dampen the economic impact of sho...

Warren presses big banks on preparation for coronavirus fallout

Sen. Elizabeth Warren (D-Mass.), a Democratic presidential candidate, pressed the chief executives of five major U.S. banks on how they are preparing for the potential financial damage of the coronavirus outbreak.In a series of Friday letters, Warren asked the chiefs of JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley to explain how they will "evaluate the risks to your institution and its customers associated with...

Coronavirus: Stocks rise as central banks pledge support

Shares head higher as the Bank of Japan joins the US Federal Reserve in promising to prop up markets.

Thai man dies from coronavirus infection complications

A Thai man has died from complications doctors say were due to the deadly coronavirus, though health officials were reluctant Monday to conclusively confirm the cause of his death. But health officials on Monday pushed back against classifying the man's death as a coronavirus fatality.

Global stocks rebound as investors bet central banks will act over the coronavirus

Stock futures plummeted Sunday night — a sign that the markets may be in for another rough week as fears around the coronavirus outbreak continue to mount.

Coronavirus Heaps Misery on Europe’s Ailing Banks

European banks have long been considered one of the weaker links in the global financial system. The coronavirus outbreak on the continent poses a fresh test of their health.

Qatar MotoGP race cancelled due to Coronavirus travel restrictions; Thai GP postponed

Daily Markets: Investors Hoping Central Banks Will Relieve Coronavirus Pressures

Citi Credit Suisse among banks curbing Italy trips on coronavirus fears: sources

FBCCI urges banks to be flexible as coronavirus outbreak hits Bangladesh imports

35-year-old Thai Man Dies from Complications due to Coronavirus Infection Say Doctors

Coronavirus is cost and opportunity for Asia’s banks

Banks in Europe step up coronavirus contingency trading plans

Thai government measures budget bill to help economy weather coronavirus: central bank chief

Global stocks choppy as central banks pledge to tackle coronavirus

U.S. Banks Expand Travel Curbs in Response to Coronavirus

Several of the biggest U.S. banks and the nation’s largest life insurer expanded their restrictions on employee travel Monday, curbing all non-essential trips abroad as the coronavirus spreads across the globe.

Stocks surge as central banks vow to act to counter coronavirus damage

ECB Joins Central Banks Pledging Coronavirus Action If Needed

MotoGP 2020 MotoGP coronavirus cancelled Qatar MotoGP Thai MotoGP

Coronavirus: Thai police raid recycling factory that sells used face masks as new

Malaysia Cuts Key Rate as Global Central Banks Act Amid Virus

Thai government arrests woman accused of spreading coronavirus scare stories

Thai government officials on Tuesday (March 3) raided the home of a woman alleged to have spread coronavirus scare stories. Puttipong Punnakan, the country's Digital Economy and Society minister, along with police swooped on the home of Yupares Ngothirach in the capital Bangkok at around 11am local time. The saleswoman allegedly wrote on February 22 on Twitter that ''40 staff'' near her shop had been infected with the deadly covid-19 coronavirus. Yupares tweeted: ''Oh my god. At the shopping mall near my place, there are 40 staff members who were infected from the coronavirus and they are now quarantined.'' Puttipong Punnakan, the country's Digital Economy and Society minister, with technology crime police officers raided her apartment in the Huai Khwang district. The digital minister Puttipong Punnakan said: "The woman is believed to have posted claiming that there were people at the mall have been infected from the virus. "She will be prosecuted for spreading fake online news according to the legislation." Police officers from Technology Crime Suppression Division said they identified the alleged fake news spreader from her online profile. Officers handed Yupares a warrant to search the house and seized her mobile phone. A spokesman said: "After we have done the footprint identification for several days, we were assured that the account was Yupares. She will be invited to the cyber security office for further investigation." Yupares said she was using the Twitter app and found one tweet related to the infection of the deadly virus nearby her area. She said: "I just wanted to warn my 7,000 followers about the virus. I did not think it was fake news because I just saw some tweets on my feed and shared it." The digital minister said there is another case in Rayong, eastern Thailand, and will be later led to the TCSD office. He added: "The team is also following other cases and we will reach the person soon. We want to recommend everyone was receives news from the internet to check the facts before sharing it. "

Central Banks Finance Leaders ‘Ready to Take Action’ as Coronavirus Threatens World Economy

International leaders are discussing a coordinated effort to prop up the global economy as the coronavirus continues to spread.

Central Banks vs. Coronavirus

Coronavirus fallout: Big banks want regulatory relief Apple and Ford restrict travel Google cancels conference

The country’s biggest banks are asking federal officials for long-sought regulatory relief as part of the government’s efforts to contain the economic...

Thai workers are caught IRONING used face masks so they can sell them to people avoiding coronavirus

Police raided a house in the Saraburi province, north of Bangkok, on Monday after receiving a tip.

Thai banks give coronavirus-hit borrowers one-year moratorium

Low-interest loans, tax cuts and deductions also enter fight against epidemic

Central banks 'left holding the bag' in coronavirus crisis strategist says

Richard Kelly, head of global strategy at TD Securities, discusses the Fed's decision to cut rates in response to the global coronavirus crisis.

Central banks have 'far less ammunition' to save the global economy from coronavirus

There's not much monetary policy can do to save the global economy — especially when some major central banks have already cut interest rates into the negative territory, economists say.

UAE Gulf central banks cut interest rates in response to coronavirus outbreak

A teller at a bank in Dubai. The UAE central bank has trimmed interest rates in line with the US Fed move. It has also asked banks operating in the country to reschedule loans and take a lenient view on fees and commissions. Image Credit: Gulf News Archives Dubai: Central banks in the Gulf late Tuesday cut key interest rates following the 50 basis points (0.5 per cent) rate cut by the US Federal Reserve as an emergency monetary policy response...

Japan Banks Fall as Coronavirus Reality Sinks In With Investors

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Thai government bans mask exports to battle coronavirus

Authorities seize control of distribution and fix prices amid gouging complaints