Australia's financial regulators scheduled an emergency call on Monday to discuss the impact of the coronavirus outbreak, two sources familiar with the matter told Reuters, as the country looks to reduce the risk of recession.
On the first trading day of the decade, shares around the world surged after China’s central bank announced an 800 billion yuan (£87 billion) cash increase for the economy, and US President Donald Trump said phase one of a trade deal between Washington and Beijing would be signed on January 15.
The governor of the central bank of Lebanon, officially known as Banque du Liban, says efforts are underway to tackle the worsening financial crisis that has caused several businesses to close and many people to lose their jobs amid growing fears about the country's economic future.
The International Monetary Fund is examining the impact of climate on the world’s financial markets and whether it is priced into market valuations, the head of the global lender’s markets division said.
England’s child protection and support services are in financial crisis, with the heaviest cuts burden falling disproportionately on the north of the country and in the most deprived areas, research by the UK’s ‘big five’ children’s charities found.