Nikkei bleeds 275 points more on virus-sparked Wall Street tumble

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Nikkei bleeds 275 points more on virus-sparked Wall Street tumble

Tokyo stocks sank deeper Thursday on the heels of a large Wall Street downturn sparked by growing concerns that the coronavirus crisis is coming back. The Nikkei average of 225 selected issues listed on the first section of the Tokyo Stock Exchange fell …
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UPDATE 1-Philippine cbank surprises with big 50 bps rate cut to soften pandemic blow

… * Benchmark RRP rate cut to record-low 2.25%. * Cbank says global growth outlook has worsened. * Cbank lifts 2020, 2021 inflation forecasts. * GRAPHICS: Philippines economy indicators interactive tmsnrt.rs/2nZqDWx (Adds quotes, more details, …
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Australia's Recovery Depends on Fiscal Policy, Economists Say

Appearing on Bloomberg's 'Inside Track' webinar series, Besa Deda, chief economist at St. George Bank, said there's now a shift in the policy
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German company Wirecard files for insolvency following accounting scandal

BERLIN (AP) — German company Wirecard files for insolvency following accounting scandal. Associated Press. Related Articles.
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Unemployment Claims to Show Pace of Jobs-Market Healing

The number of workers seeking and receiving unemployment benefits, slated to be released Thursday, will offer fresh insight into the labor market’s recovery after shedding millions of jobs owing to the coronavirus pandemic. The benefits total, known as …
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