[SEOUL] South Korean shares fell on Thursday, tracking Wall Street losses, as the US Federal Reserve chairman warned of the worst recession since World War Two, compounding growth concerns driven...

FEDERAL Reserve chairman Jerome Powell, in a sober review of where the US economy stands on the cusp of its reopening, said on Wednesday that the country could face an "extended period" of weak...

[NEW YORK] Wall Street stocks fell early Wednesday as the Federal Reserve chief said more fiscal support may be needed to prevent lasting damage to the US economy from the coronavirus crisis.

[WASHINGTON] Federal Reserve Chairman Jerome Powell, in a sober review of where the US economy stands on the cusp of its reopening, said on Wednesday the country could face an "extended period" of...

[SEOUL] South Korean shares pared early losses to end nearly 1 per cent higher on Wednesday, as investors looked forward to US Federal Reserve Chairman Jerome Powell's speech, but worries over a...

VIRUS OUTBREAK

US FEDERAL Reserve chairman Jerome Powell voiced concern that the novel coronavirus crisis could leave permanent scars on the US economy and said policymakers of all stripes needed to do more to...

[WASHINGTON] US President Donald Trump praised Federal Reserve Chairman Jerome Powell on Monday, ending his criticism of the central bank chief while also calling the strong dollar "good," an...

VIRUS OUTBREAK

US PRESIDENT Donald Trump accused the Federal Reserve on Saturday of not being "aggressive" enough to counteract the corona-virus-linked economic slump, while insisting he had no plans to replace...

[WASHINGTON] The US Federal Reserve led the charge in the global response to the growing economic risk posed by the coronavirus, announcing an emergency interest rate cut Tuesday to boost...

THE United States has seen steady job gains that have beat expectations and lasted longer than expected, but Federal Reserve chairman Jerome Powell acknowledged on Wednesday that all is not well...