Financial markets

Businesses are closed and very few people are out in downtown Wilkes-Barre, Pa., Monday, March 23, 2020, heeding the advice of Gov. Tom Wolf. (Aimee Dilger/The Times Leader via AP)
March 31, 2020 - 6:46 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Tuesday related to the global economy, the work place and the spread of the virus. ________ INDUSTRY: Less than a week after saying it planned to reopen five North...
Read More
A sparsely occupied Fifth Avenue, usually bustling with traffic, appears at midday on Wednesday, March 18, 2020 in New York. (Photo by Evan Agostini/Invision/AP)
March 31, 2020 - 10:20 am
LONDON (AP) — The coronavirus-related recessions around the world are going to be bad — and for some of the world's major industrial nations the worst that anyone alive has experienced, according to analysts at Deutsche Bank. In a wide-ranging report using data that in parts goes back 800 years,...
Read More
Ukrainian President Volodymyr Zelenskiy wearing a face mask to protect against coronavirus speaks during an extraordinary parliamentary session in Kyiv, Ukraine, Monday, March 30, 2020. Ukraine has been under quarantine since March 12. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo)
March 31, 2020 - 3:28 am
KYIV, Ukraine (AP) — Ukraine's parliament has voted to lift the ban on the sale of farmland in a move that would allow the country to get $8 billion worth of aid from the International Monetary Fund. The bill, long pushed by economists to stimulate investment in agriculture, was approved by 259...
Read More
An employee of a bank wearing a face mask watches the computer monitors at the foreign exchange dealing room in Seoul, South Korea, Tuesday, March 31, 2020. Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. (AP Photo/Lee Jin-man)
March 30, 2020 - 10:36 pm
TOKYO (AP) — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.91. Australia's S&P/ASX 200 added 2.0% to...
Read More
Phu Dang, left, the owner of i5 Pho restaurant, gets help from a contractor as he boards up his business, Monday, March 30, 2020, in Seattle's downtown Pioneer Square neighborhood. Dang closed his business to dine-in customers earlier in the month and had tried doing takeout only food in response to the new coronavirus pandemic, but he said his location did not attract enough customers for take out and he decided to fully close for the time being. He said his decision to board up came after a nearby business was broken into over the weekend. (AP Photo/Ted S. Warren)
March 30, 2020 - 7:27 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. _______ AIR CARE: Britain’s health service is asking airline cabin crew who have been...
Read More
Two women walk over a bridge with the European Central Bank in background in Frankfurt, Germany, as the sun rises Monday, March 30, 2020. Due to the coronavirus the economy expects heavy losses. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Michael Probst)
March 30, 2020 - 6:43 am
FRANKFURT, Germany (AP) — A group of leading economists say Germany, Europe's largest economy, will suffer a deep slump in the first half of this year but should rebound relatively quickly from the disruption of the virus outbreak. The German Council of Economic Experts predict that the economy...
Read More
A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Koji Sasahara)
March 29, 2020 - 9:52 pm
BANGKOK (AP) — Asian shares started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan's benchmark dropped almost 4% and other regional markets were mostly lower...
Read More
German Chancellor Angela Merkel speaks at a press conference about coronavirus, in Berlin, Sunday, March 22, 2020. German authorities have issued a ban on more than two people meeting outside of their homes, which they believe will be easier to follow than locking people in their homes. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (Michael Kappeler/Pool photo via AP)
March 29, 2020 - 2:20 am
BERLIN (AP) — In her first address to the nation on the coronavirus pandemic, German Chancellor Angela Merkel calmly appealed to citizens' reason and discipline to slow the spread of the virus, acknowledging as a woman who grew up in communist East Germany how difficult it is to give up freedoms,...
Read More
An emergency hospital is set up with nine hundreds beds for coronavirus infected patients, in the Expo Center, Lahore, Pakistan, Thursday, March 26, 2020. The virus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/K.M. Chaudhry)
March 28, 2020 - 11:34 am
ISLAMABAD (AP) — China sent a plane loaded with medical personnel and supplies Saturday to help Pakistan fight the spread of the coronavirus in one of the world's most populous nations. Across the Middle East and elsewhere, the outbreak has raised concerns that health systems strapped by multiple...
Read More
FILE - In this Feb. 3, 2020, file photo, Sen. Pat Toomey, R-Pa., walks at the Capitol in Washington. The nation's fiercest fiscal conservatives are largely embracing the massive economic rescue package moving through Congress. In many cases, those conservatives who support the $2 trillion coronavirus spending bill are the very same who raged against the $800 billion economic stimulus package backed by the Obama administration after the 2008 financial crisis. (AP Photo/J. Scott Applewhite, File)
March 28, 2020 - 7:43 am
NEW YORK (AP) — Republicans who have spent the past decade howling about the danger of ballooning deficits embraced the coronavirus rescue package approved by Congress and signed by President Donald Trump, shrugging off past concerns about spending in the face of a public health crisis. In many...
Read More

Pages