Nasdaq News

Russian diamond producer Alrosa on Friday reported a 60% fall in March sales versus a year earlier citing the spread of the coronavirus for the fall in demand.

(RTTNews) - Renault SA (RNSDY.PK) announced the cancellation of the dividend for the 2019 financial year, in response to situation linked to the coronavirus pandemic.

Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said.

Turkey's unemployment rate ticked up to 13.8% in the December-February period https://reut.rs/2VhvcgL from 13.7% a month earlier, data showed on Friday, suggesting joblessness will remain high as the coronavirus outbreak delivers a shock beginning in March.

New bank lending in China climbed to 2.85 trillion yuan ($405 billion) in March, with total social financing hitting a record, as the central bank pumped in more liquidity and cut funding costs to support the coronavirus-ravaged economy.

(RTTNews) - Sanofi (SNY) announced that it has committed to donating 100 million doses of hydroxychloroquine to 50 countries around the world in response to the global health emergency caused by COVID-19.

(RTTNews) - Asian stocks ended on a mixed note on Friday in light trading as many markets in the region were closed for the Good Friday holiday. Lingering worries about the impact of the coronavirus pandemic weighed on sentiment.

Thailand's Siam Commercial Bank Pcl (SCB) is looking to issue loans up to 7 billion baht ($214 million) over the next five years in Myanmar after receiving a preliminary approval to set up a subsidiary there, it said on Friday.

Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts.

When Indonesian doctor Ratih Purwarini was buried at dusk in a Jakarta cemetery, only her son Firos saw her plastic-wrapped coffin used for coronavirus victims lowered into the grave. Indonesia’s health ministry and coronavirus taskforce declined to comment on the doctors' deaths.

China's foreign ministry said on Friday that Beijing is opposed to any action by the United States to revoke China Telecom Corp's authorisation to provide international telecommunications to and from the United States.

China will promote the sales of export products in domestic markets, as foreign trade faces unprecedented challenges due to the coronavirus pandemic, an assistant commerce minister said on Friday.

Prime Minister Boris Johnson was resting in hospital on Friday as he recovered from COVID-19 while Britons were told to avoid the temptation of spring sunshine during the Easter break with the coronavirus outbreak approaching a peak.

China's Bank of Gansu has agreed to provide 30 billion yuan ($4.26 billion) of loans to state firms in the northwestern province over the next three years, in an apparent show of financial strength after a rush of fund withdrawals at one of its branches last week.

The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for "helicopter money" - unlimited spending bankrolled by the central bank.

The Russian rouble firmed in light trade on Friday, supported by a global decision to cut oil production after recently hitting four-year lows.

(RTTNews) - Boeing Co. (BA) is considering a plan to reduce its workforce by about 10%, amid the COVID-19 pandemic, the Wall Street Journal reported, citing people familiar with the matter.

Japanese government bond prices inched up on Friday, in line with a rise in U.S. Treasuries after another abysmal reading on U.S. jobless claims data and the U.S Federal Reserve's $2.3 trillion yen plan to shore up the economy.

Japanese shares settled higher on Friday, with bank stocks leading the gains on a $2.3 trillion programme by the U.S. Federal Reserve to support local governments and businesses, but trading was lacklustre due to the Easter holidays overseas.

Shanghai stocks slid on Friday on bleak factory gate data that pointed to a prolonged recovery, but ended the week with their biggest gains in five on hopes of more economic stimulus to shore up the world's second-largest economy.