Coronavirus panic clears $ 6 billion of world stocks this week

LONDON (Reuters) – Coronavirus panic caused global stock markets to fall again on Friday, leading them to their worst weekly decline since the 2008 global financial crisis, with nearly $ 6 billion removed from their market value So far this week. FILE PHOTO: The offices of the London Stock Exchange Group are seen in the … Read more Coronavirus panic clears $ 6 billion of world stocks this week

Eight men in the framework to manage Norway’s wealth fund, including the deputy general manager

OSLO (Reuters) – Eight candidates have run to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, while its board of directors prepares to decide who should run the global portfolio of assets worth 1.1 billion of dollars at a time of transition. The CEO of the Norwegian wealth fund Yngve Slyngstad … Read more Eight men in the framework to manage Norway’s wealth fund, including the deputy general manager

G20 chief financial officers see a modest growth recovery, to control the coronavirus

RIAD (Reuters) – The financial leaders of the 20 most important economies in the world expect economic growth to rise modestly this year and next thanks to lax monetary policy and a decrease in trade tensions, and promised to monitor the effects of the outbreak of coronavirus US Treasury Secretary Steven Mnuchin arrives for a … Read more G20 chief financial officers see a modest growth recovery, to control the coronavirus

G20 chief financial officers conclude a meeting overshadowed by a virus outbreak

RIAD (Reuters) – The financial leaders of the 20 most important economies in the world concluded their two-day meeting on Sunday that was dominated by growing concern over the growing consequences of the coronavirus outbreak. US Treasury Secretary Steven Mnuchin arrives for a welcome dinner at the Murabba Palace in Saudi Arabia, during the G20 … Read more G20 chief financial officers conclude a meeting overshadowed by a virus outbreak

Global central bankers tour shopping centers and manufacturers of the coronavirus playbook

WASHINGTON / RIYADH / FRANKFURT – (Reuters) – In the days after the identification of a new virus in China on December 31, global central banks turned to past experience for a comforting early analysis. FILE PHOTO: A man with a facial mask passes by a store of a French brand of luxury cosmetics Lancome … Read more Global central bankers tour shopping centers and manufacturers of the coronavirus playbook

Trump Fed Shelton candidate hits bipartisan skepticism in Senate hearing

WASHINGTON (Reuters) – Federal Reserve Board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, while lawmakers challenged her independence from President Donald Trump and characterized her thinking as too much away from the mainstream to trust the nation. economy. FILE PHOTO: The Federal Reserve building is … Read more Trump Fed Shelton candidate hits bipartisan skepticism in Senate hearing

Fed Powell reinforces regulation and defends repository support in a letter to Congress

(Reuters) – US central bank officials. UU. They are considering options that would make it easier for banks to treat Treasury holdings similar to reserves when they meet liquidity requirements, Federal Reserve President Jerome Powell said this week in a letter addressed to a senior Senate Democrat. . The Fed president said financial firms prefer … Read more Fed Powell reinforces regulation and defends repository support in a letter to Congress

Legislators of the ruling party of Japan urge the government to issue digital currency

Akira Amari, Minister of Economic Revitalization of Japan and Minister of Economic and Fiscal Policy, addresses the session ‘The Future Economy of Japan’ during the annual meeting of the World Economic Forum (EMF) in Davos, Switzerland, on January 23, 2016. REUTERS / Ruben Sprich TOKYO (Reuters) – A group of lawmakers from the Japanese ruling … Read more Legislators of the ruling party of Japan urge the government to issue digital currency

The hope of stimulus, virus containment steps drive a renewed capital increase

LONDON (Reuters) – Expectations of further central bank stimulus raised world stocks to their highest level in more than a week on Wednesday, which helped investors look beyond the rising number of coronavirus deaths and The concerns of policy makers about the economic impact of the disease. Strict containment measures, along with the billions of … Read more The hope of stimulus, virus containment steps drive a renewed capital increase

Blink and you missed it: the US performance curve. UU. Was invested again

NEW YORK (Reuters) – A closely watched bond market phenomenon turned yellow again, but investors hate giving it a lot of weight. FILE PHOTO: Operators work in the operations floor of the New York Stock Exchange (NYSE) at the opening of the market in New York City, USA. UU., August 26, 2019. REUTERS / Andrew … Read more Blink and you missed it: the US performance curve. UU. Was invested again