Bloomberg New Zealand’s central bank is open to increasing the size and scope of its asset-purchase program to boost stimulus as the coronavirus pandemic threatens to throw the economy into a deep recession. “We’re in a rapidly evolving situation, the assessment of the economy in financial markets is moving very quickly, and that’s what we will have to take into …

Bloomberg India’s sovereign bond yields are climbing just as the government is kicking-off its record borrowing plan, in a sign of market discomfort with the heavy debt supply. The benchmark 10-year yield extended rise on April 7, after jumping by the most in over a year in the previous session, in reaction to the government’s 4.88 trillion rupees ($64 billion) …

Bloomberg Deutsche Lufthansa AG is scaling back its fleet and closing the Germanwings discount arm to resize the airline group for depressed levels of travel that could last for years after the coronavirus crisis passes. The German flag-carrier will reduce capacity at its hubs in Frankfurt and Munich, retiring 18 wide-body aircraft including six Airbus SE A380 double-deckers that were …