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A worker, wearing protective face mask following an outbreak of the coronavirus disease (COVID-19), is pictured on an almost empty street in Yokohama?s Chinatown, south of Tokyo, Japan March 10, 2020. REUTERS/Edgard GarridoTOKYO (Reuters) - Japan’s government plans to spend 430.8 billion yen ($4.1 billion) in a second package of steps to cope with the fallout of the coronavirus outbreak, two government sources with direct knowledge of the matter told Reuters on Tuesday. The government also plans to adopt fiscal measures totaling 1.6 trillion yen to support corporate financing as part of the package, due to be announced later on…

(Reuters) - Airlines across the globe have suspended flights or modified services in response to the coronavirus outbreak. FILE PHOTO: The G-EUPH British Airways Airbus A319-131 makes its final approach for landing at Toulouse-Blagnac airport, France, March 20, 2019. REUTERS/Regis Duvignau/File PhotoBelow are details (in alphabetical order): AIRLINES THAT HAVE CANCELED ALL FLIGHTS TO MAINLAND CHINA - American Airlines (AAL.O) extended the suspension of China and Hong Kong flights through April 24 - Air France (AIRF.PA) canceled flights to mainland China to the end of March. - Air India suspended flights to Shanghai, Hong Kong until June 30 - Air…

SYDNEY/HONG KONG (Reuters) - Asian stocks bounced, and bond yields rose from record lows on Tuesday on hopes that global policymakers would introduce co-ordinated stimulus to cushion the economic impact of a coronavirus outbreak. A man wearing protective face mask, following an outbreak of the coronavirus disease (COVID-19), stands in front of a stock quotation board outside a brokerage in Tokyo, Japan, March 10, 2020. REUTERS/Stoyan NenovU.S. and European markets were expected to follow the Asian lead with major stock futures trading up more than 2%. Oil similarly clawed back some of its massive losses from Monday, rallying 7% and…

SINGAPORE (Reuters) - Oil prices bounced 8% on Tuesday from the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus amid a price war between Russia and Saudi Arabia and as new virus cases slowed in China. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019./File PhotoPresident Donald Trump on Monday said he will be taking “major” steps to gird the U.S. economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday. Brent crude futures rose by $2.85,…

BEIJING (Reuters) - Chinese President Xi Jinping visited Wuhan, the epicenter of the coronavirus outbreak, on Tuesday, the first time he has done so since the epidemic began and a sign that Beijing believes its efforts to control the virus are working. A man wearing a face mask walks across a road as the country is hit by an outbreak of the novel coronavirus COVID-19, in Shanghai, China March 9, 2020. Picture taken March 9, 2020. REUTERS/Aly SongHis arrival in the city, where the virus is believed to have first taken hold late last year, comes after its spread in…