Stocks crash as pandemic panic sweeps markets

SINGAPORE (Reuters) – Global stock markets crashed on Friday, ending a years-long bull run, with coronavirus panic selling hitting almost every asset class and leaving investors nowhere to hide. Half a trillion dollars in liquidity from the U.S. Federal Reserve…

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Ghana, Gabon confirm first cases of coronavirus

LIBREVILLE/ACCRA (Reuters) – Gabon and Ghana confirmed their first cases of coronavirus on Thursday, becoming the ninth and tenth countries in sub-Saharan Africa to register positive cases. The region has so far been less badly hit by coronavirus than Europe…

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ECB ramps up stimulus but stops short of rate cut

FRANKFURT • The European Central Bank (ECB) approved fresh stimulus measures yesterday to help the ailing euro zone economy cope with the shock of the coronavirus pandemic but unexpectedly kept interest rates on hold, a decision that may dismay markets….

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