The International Monetary Fund said that some countries in Central Asia and the Middle East have asked for financial help to deal with the virus outbreak.
On Tuesday, Barclays cut its 2020 crude oil price forecasts by $12, citing the coronavirus crisis and the OPEC+ deal collapsed.
On Tuesday, crude oil prices edged higher, as traders and investors were optimistic that the US Senate will approve the $2 trillion stimulus bills.
On Monday, the US Securities and Exchange Commission warned corporate insiders not to do insider trading.
A stock filing done by Airbus on Monday revealed that the company could allow its clients to postpone or cancel aircraft delivery.
Representatives of the IMF announced on Monday that a global recession is set to occur in 2020 and it should be followed by a recovery in 2021.
On Monday, the head of the European Union's financial market regulators Steven Maijoor stated that it is vital to keep financial markets open to keep the economy functioning.
On Monday, the Federal Reserve revealed and used an unseen array of market stimulus methods like direct company loans and corporate bond purchases.
Despite various market stimulus measures being enacted on Monday by the Federal Reserve, US stock indices continued to decline.
General Electric's aviation unit is set to slash its total workforce in the United States by around 10%, its CEO Larry Culp stated on Monday, due to delays in purchases made by airlines amid the coronavirus crisis.
Lilium, the German air taxi start-up, announced on Monday it raised $240M in extra funding led by the Chinese group Tencent, finalising its investment round at the higher valuation despite fears of the coronavirus outbreak.
On Monday, LVMH Group stated it has no plans to acquire shares of Tiffany on open market, in a move that could potentially enable the company to pursue the agreement to acquire the US jeweller at a lower price.
The heir apparent of Hyundai Motor Group, Euisun Chung, acquired shares in the carmaker and Hyundai Mobis parts for a combined $15M, Reuters reported on Monday.
The German Bundesbank revealed on Monday that despite public finances being solid a recession is inevitable.
On Monday, the former Governor of the Bank of England Mervyn King stated that the current recession is bound to be much serious than in 2008.
On Monday, Royal Dutch Shell will trim its 2020 spending by $5.0B, suspending its vast $25B share buyback plan, as the oil and gas company seeks to stay afloat after the recent plunge in oil prices.
A Reuters poll on Monday announced that the Bank of Thailand was set to cut interest rates on Wednesday.
On Monday, the US Dollar edged higher against a basket of major currencies, as the coronavirus pandemic fueled global demand for the US Dollar.
On Monday, crude oil prices edged lower, as countries shut down business activities to fight the spread of the coronavirus pandemic.
The South Korean Customs Service data showed on Monday that the country's exports activities rose by 10% in March, as the coronavirus crisis fueled teleconference demand.
On Monday, Singapore Airlines announced that it has cut capacity by about 96% and has grounded most of its fleet due to the coronavirus travel restraints.
On Monday, Asian shares edged lower, as nations shut down for business activities due to the coronavirus pandemic.
SoftBank Group Corp stated on Monday that it would get rid of its assets worth $41B to reduce debt and fund a buyback of shares.
The Reserve Bank of Australia (RBA) stated on Monday that it had bought government bonds worth $2.3B to keep yields around 0.25%.