Nasdaq News

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(RTTNews) - Indian shares crashed in early trade on Friday, following extremely weak cues from other global markets amid rising worries over the spread of coronavirus across the world.

SoftBank Group Corp said on Friday it will buy back up to 7% of its own shares for as much as 500 billion yen ($4.8 billion) - a decision that comes after activist investor Elliott Management pressed for $20 billion in stock buybacks.

The Turkish lira traded steady at 6.32 against the dollar early on Friday after the government took measures to curb the spread of coronavirus, closing schools and universities and deciding to hold sports events without spectators.

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Malaysia's industrial production rose 0.6% in January from a year earlier, the second straight month of slower expansion on a decline in the mining and electricity sectors, government data showed on Friday.

Oil fell a third day as the horror show for crude investors continued on Friday amid panic about evaporating demand from the coronavirus pandemic, with Brent set for its biggest weekly loss since 1991 and U.S. crude heading for its worst week since 2008.

MUMBAI (Reuters Breakingviews) - India can afford to give consumers a boost. An effective month-long ban on foreign tourist visas goes into force on Friday as the government seeks to limit the spread of the coronavirus. Travel restrictions make sense to prevent a big

Asian markets looked to policymakers on Friday to help ease a cash shortage as cratering stock markets triggered a rush to dollars, driving many regional currencies lower and threatening a surge in short-term borrowing costs.

(RTTNews) - Asian stock markets are plunging on Friday after U.S. stocks fell by the most since the "Black Monday" market crash in 1987. Global panic selling continued amid mounting fears that stimulus packages will not be enough to avert a global recession following the coronav

(RTTNews) - Pacific Gas and Electric said that it has voluntarily implemented a moratorium on service disconnections for non-payment, due to the COVID-19 pandemic.

Days after photographs of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.

Global stock markets crashed on Friday, ending a years-long bull run, with coronavirus panic selling hitting almost every asset class and leaving investors nowhere to hide.

China's Wuhan city, ground zero of the new coronavirus outbreak, reported five new cases on Friday, the second day in a row the tally has been less than 10, while no locally transmitted infections were reported in the rest of the country.

Construction firm Maeda Corp said on Friday it has succeeded in winning a controlling stake in Maeda Road Construction, a victory for a rare hostile bid in Japan.

(RTTNews) - SoftBank Group Corp. (SFTBY.PK, SFTBF.PK) plans to buy back up to 500 billion yen or about $4.76 billion of stock, taking a step advocated by activist investor Elliott Management to boost stockholder value.

South Korean shares plunged to a near 10-year low on Friday, triggering circuit breakers on the main index for the first time in nearly two decades, as panic over the coronavirus led to a rout in global equities. The won slid to a four-year low, while the benchmark bond yield soared.

Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis.

(RTTNews) - An American Airlines pilot based in Dallas-Fort Worth has tested positive for the coronavirus, the airline said in a statement.

The fallout from the coronavirus spread across the Pacific on Friday, with travel companies in Australia and New Zealand issuing profit warnings as U.S. airlines rushed to cut flights to Europe in the wake of new U.S. travel restrictions.