10:51 a.m. July 25, 2020
- By Keith Jurow
The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market COVID-19 pandemic is squeezing borrowers’ ability to stay in their homesCOVID-19 pandemic is squeezing borrowers’ ability to stay in their homes, writes Keith Jurow.
3:28 a.m. May 12, 2020
- By Tanner Brown
China shares stagnant this week despite Beijing hints at ‘more powerful’ stimulus PBOC’s quarterly report marks shift in tone from conservative to more flexible tools to fight slowdownThe PBOC’s quarterly report marks shift in tone from conservative to more flexible tools to fight slowdown
2:59 a.m. April 30, 2020
- By William Watts
ECB’s emergency response to coronavirus economic crunch applauded — but more help likely to be needed ECB may stand pat Thursday, but more action expected in near futureTo European Central Bank President Christine Lagarde’s relief — actions did speak louder than words. The question for investors is whether more action is in store this week.
1:03 a.m. April 29, 2020
- By Barbara Kollmeyer
European stocks struggle amid earnings deluge, but banks and oil companies rise IAG tumbles after BA announces 12,000 job cutsEuropean stocks struggled for traction on Wednesday, on a busy day for earnings that overall reflected the deep difficulties facing companies amid the coronavirus outbreak.
4:03 a.m. April 28, 2020
- By Lina Saigol
HSBC, Santander and UBS set aside billions for loan losses for coronavirus Europe’s lenders set aside billions in bad loan provisions HSBC, Santander and UBS set aside billions of loan loss provisions as they prepare for a wave of credit losses caused by the coronavirus pandemic.