World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.
Japan's vice minister of justice is traveling to Lebanon this weekend to try to make the case that fugitive ex-Nissan Chairman Carlos Ghosn should stand trial in Japan.
Indonesia's Lion Air has deferred plans for an initial public offering (IPO) due to a sharp fall in global stock markets, people close to the matter said on Friday, as the spreading coronavirus sparks worries of a global pandemic.
Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.
The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products.
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed earnings goals during his last full year as CEO.
Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand.
| S&P » | 2,978.76 | -4.42% |
| Dow » | 25,766.64 | -4.42% |
| FTSE 100 » | 6,796.40 | -3.49% |
| Nikkei 225 » | 21,142.96 | -3.67% |
| US 10YR |
+1.257
|
-0.042 |
| DE 10YR |
-0.544
|
+0.008 |
| JP 10YR |
-0.139
|
-0.034 |
| USD / EUR » | 0.9086 | -0.03% |
| USD / GBP » | 0.7761 | +0.01% |
| USD / JPY » | 108.9000 | -0.62% |