ECONOMY

China frees up $56 billion for virus-hit economy

BEIJING – China’s central bank said on Friday it was cutting the amount of cash that small banks must hold …

Germany Announces 2 Billion Euro Startup “Booster”

Berlin – The German government is preparing a massive cash injection to help innovative young companies ride out economic difficulties. …

Germany starts relief program for Corona-hit firms

Berlin – The Germany Ministries of Finance and Economic Affairs and Energy – together with the state-owned bank for domestic …

Mnuchin hopes to close deal on coronavirus aid package

WASHINGTON – The U.S. Treasury secretary and the Senate Democratic leader voiced confidence late on Monday for a deal to …

China: Global financial giants investing despite virus

SHANGHAI/BEIJING – Some of the world’s top financial institutions, including BlackRock and JPMorgan, are increasing investments in China’s financial hub …