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%.
On Saturday, the Italian Prime Minister Giuseppe Conte announced that all non-strategic business activities must shut down until April 3, in the latest effort to combat the coronavirus pandemic.
India's biggest automakers, including Maruti Suzuki, Mercedes-Benz, Mahindra & Mahindra and Fiat Chrysler stated on Sunday that they would stop car production in India due to the coronavirus crisis.
The Facebook CEO Mark Zuckerberg stated on Sunday that the company has donated 720K protective mask for medical workers.
The Mexican President Andres Obrador stated on Sunday that the country's central bank should spend reserves wisely and try to avoid to use them to contain Peso's depreciation.
Facebook stated that it would reduce quality of video streaming on its platform and on Instagram in Europe to help alleviate any network congestion.
Fashion retailer H&M stated that it was planning to provide protective equipment to hospitals to help to restrain the coronavirus spread.
Associated British Foods is set to close 189 Primark stores in the UK after stopping all new deliveries from suppliers on lower demand amid the coronavirus outbreak.
Netflix announced that it will slash traffic 25% over networks across the EU in a bid to relieve strain on internet service providers experiencing a rise in usage due to coronavirus.
The Greek economy is heading towards zero growth in 2020, a decline from the previous estimate of 2.4% growth, the Bank of Greece Governor Yannis Stournaras says.
Swiss-Swedish multinational corporation ABB has resumed construction of its $150M robotics factory in China, the president of ABB Engineering James Li says.
The Greek government plans to inject additional €10.67B to support the struggling economy, the Prime Minister Kyriakos Mitsotakis says.
The Australian government stated on Sunday that it would provide additional $38.50B to help the economy to overcome the consequences of coronavirus.
Amazon.com stated on Sunday that it has taken decision to increase overtime pay for its warehouse staff amid the rapidly growing demand caused by the coronavirus outbreak.
The Chairman of Renault Jean-Dominique Senard stated on Sunday that the company could ask the government for help to handle the impact of coronavirus, though renationalization was not considered.
One of the senior Russian officials, Andrei Belousov, stated on Sunday that the Gulf countries were the ones to blame for rapid oil prices fall.