China reported a 18.7% decrease in residential land transactions in January and February, compared to the same period in 2019, an industry report shows.
China released 20,000 tonnes of pork from its reserves to increase supply, a statement published by the Ministry of Commerce shows.
The Chinese state-owned bank, Postal Savings Bank, reported $8.6 net profit in 2019, an increase of 16.52% from the previous year, a statement published by the bank shows.
The China Containerized Freight Index increased 0.4% to 897.69 from a previous week, data published by the Shanghai Shipping Exchange show.
The international credit rating agency Moody's downgraded South Africa's credit rating from BAA3 to junk status BA-1 with a negative outlook.
The German Chancellor Angela Merkel stated on Saturday that the shutdown would continue at least until April 20 and could be prolonged depending on the situation.
The Prime Minister of Japan Shinzo Abe promised on Saturday that the government would take an unprecedented measures to help the economy to sustain the consequences of the pandemia.
The President of Iran Hassan Rouhani stated on Saturday that the country's health system was strong and viable and could handle the increase of the pandemic spread.
Taiwan's Central Bank is set to use appropriate monetary tools and hold its board meetings as necessary to deal with the impact of the coronavirus.
The government of Brazil announced $8B financial aid for small and medium enterprises amid the coronavirus outbreak.
The European Central Bank told banks to skip payments of dividends and share buybacks until October and use profits to support virus-hit economy.
Microsoft is expected to sell stake in Israel's facial recognition startup AnyVision and said that it would no longer make investments in face recognition firms.
Toyota Motor's North American unit stated that it is set to produce face masks, ventilators and respirators to aid in a battle against the COVID-19 in the US.
Alphabet is expected donate more than $800M in funds towards production of medical supplies used to fight the coronavirus, the CEO stated.
Sweden's H&M announced that it started protective face mask production for hospital staff and is set to ship the first batches to Italy and Spain.
Canada is set to compensate 75% of payroll salaries and provide small firms access to one-year interest free loans, the Canadian PM Justin Trudeau stated.
Nestle stated that it is set to pay salaries in full for three months to employees affected by work stoppages to prevent the COVID-19 spread.
On Friday, the US President Donald Trump criticized General Motors for reducing the number of ventilators it could provide for hospitals.
At the end of Friday's European trading hours, European stock indices declined and ended a recent stimulus induced price surge.
Lufthansa has filed an application for trimmed-time work for about 31K of its staff, grounding its crew at the core brand until August-end, as German flagship carrier slashed flights amid the coronavirus pandemic.
The US electric automaker Tesla Inc announced its plans to trim its on-site staff at the battery plant located in Nevada by about 75% amid the coronavirus outbreak.
On Friday, the EU stocks plunged, halting their largest-ever rally, as investors shifted focus to the coronavirus spread despite hopes for additional stimulus measures to overcome its economic impact.
On Friday, the US Dollar was about to book its largest weekly decline in a decade, as trillions of dollars were expected to be pumped into the market by the government.
China's Tencent Holdings has triggered a co-innovation lab together with Huawei for cloud game platform development, the world's largest game firm said on Friday.