Bloomberg The Kuwait Stock Exchange is delaying the listing of its shares due to restrictions on work triggered by the coronavirus pandemic. The listing, scheduled for April 19, has been postponed until further notice “due to exceptional circumstances that are imposed by the spread of the coronavirus pandemic,” the bourse said in a statement. The coronavirus outbreak has disrupted business ...

Bloomberg Indonesia’s central bank is expected to lower borrowing costs for a third straight month as policy makers take unprecedented steps to bolster the economy amid the coronavirus. Bank Indonesia will cut its benchmark rate by 25 basis points to 4.25%, according to 18 of 28 economists surveyed by Bloomberg. One economist predicted a 50 basis-point cut, while nine expect ...

Bloomberg The Federal Reserve will dial back its support for the market for repurchase agreements following signs that the recent upheaval in dollar funding has eased. The move to reduce the amount of funding it offers through both overnight and term facilities from May 4 comes “in light of more stable repo market conditions,” the Federal Reserve Bank of New ...