Bloomberg India’s benchmark stock index slumped to its lowest since September 2017 after entering a bear market last week amid concern that the novel coronavirus outbreak may threaten the nation’s already fragile economy. The S&P BSE Sensex fell 8% to 31,390.07 in Mumbai, with all 30 members declining, following a wild session last week, when the gauge swung to end …

Bloomberg Zimbabwean Finance Minister Mthuli Ncube restricted trading in three companies’ stocks to try and halt a rout of the nation’s currency. The measure to limit trading of dual-listed shares Old Mutual Ltd, PPC Ltd and Seed Co will be in place for a year, Ncube said in a Government Gazette. The order doesn’t have any impact on the settlement …

Bloomberg The Federal Reserve (Fed) and five counterparts united to ensure that dollars keep flowing around the world after the coronavirus emergency sparked a rush for greenbacks. In coordinated statements, the Fed, Bank of Japan (BOJ), European Central Bank (ECB), Swiss National Bank (SNB), Bank of Canada and Bank of England (BOE) said they would use their swap lines to …