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SYDNEY- Asian share markets performed positively on Tuesday, following Wall Street upbeat activity. However, concerns still lurk about China factories’ decision of reopening as the novel coronavirus contagion spreads in a larger ...
California confirms a case of the nCoV, bringing it to a total of 13 cases in the United States. The person of interest is being held under Federal Quarantine at the U.S. Centers for Disease Control and Prevention (CDC), after return from ...
SINGAPORE- Oil prices sunk down further, continuing its previous decline from earlier part of January as worries of oversupply dampened market sentiment. Such inactivity was brought by coronavirus contagion that capped oil demand in China, ...
SINGAPORE- The dollar clocked in gains on Monday after positive jobs statistics indicated that US economy is strengthening. In line with this, weeks-long concerns of coronavirus contagion kept trade-exposed currencies neutral. Figures released ...
Asian currencies gained on Monday as signs of the coronavirus slowing down prompted large businesses in China to resume operations. Workers started to return to offices and factories as the government relieved some travel restrictions. The ...
Three days after posting dismaying profit figures and earnings outlook, Ford replaces Joe Hinrichs, appointing Jim Farley as the new chief operating officer. Joe Hinrichs, who came from General Motors, served Ford for 19 years. He was ...
China’s inflation rate rises following Lunar New Year and virus outbreak China’s consumer prices increased at is fastest pace in more than eight years in January, according to official data released by the National Bureau of Statistics ...
Kia Motors to suspend South Korean production plants as auto parts supplies dwindle Kia Motors has said that it would be suspending production at its three car manufacturing plants in South Korea due to a dwindling supply of auto parts, according ...
US stock futures slipped as the coronavirus outbreak in China reported a death toll higher than the SARS epidemic. Authorities prepare measures as millions return to work after the extended Lunar New Year holidays. Investors cautiously monitor ...
Uber Technologies Inc (UBER. N) adjusted its target with an aim of achieving its profitability by the end of the year, but the ride hailing firm anticipates a major decline estimating up to $1 billion or more this 2020. Uber shares advanced ...
Oil prices soared on Friday after Russia sided with a recommendation for OPEC and other oil associates to further reduce oil outputs amid dwindling demand for crude as China struggles to combat coronavirus that has impacted global markets. Brent ...
Benjamin Diokno, the top official of the Philippine’s central bank, bared that he was considering having the next monetary easing via an interest-rate cut “sometime in the middle of the year.” “With another rate cut ...
Toyota suspends production at China plants amid virus outbreak Toyota Motor Corp on Friday said that it would be suspending its production plants located in China as the spread of the coronavirus throughout the country continues to pick up ...
Wall Street stands on record highs as virus’ impact concerns subside Wall Street gained record highs on Thursday as traders cast aside piling concerns on the coronavirus spreading in China. The Nasdaq Composite climbed 0.67% while the ...
Oil futures advanced on Thursday continuing its positive performance the previous day. Such activity was brought by upbeat investor sentiment over the possible advances against the virus contagion in China, expecting that this will boost fuel ...
Asian stocks advanced on Thursday, just a day after US S&P 500 reached all time-high from strong US figures, while markets remained cautious on persisting effect of coronavirus contagion. Japanese Nikkei clocked in 1.63% while MSCI’s ...
Vietnam-China trade dropped in January due to the coronavirus spread amid the Lunar New Year holiday, disrupting supply chain and transport. China is Vietnam’s largest partner in trading in manufacturing of materials and equipment for ...
Six major central banks are planning to conduct a joint research on digital currencies or cryptocurrencies and representatives are considering holding the first meeting in Washington in April, according to a report by Nikkei. The central banks ...
The 2019 coronavirus outbreak has interrupted economic activities and production on a global scale after infecting thousands of people in China. A continued interruption of supply chains even might cost a lot of problems to the economy of ...
Post-Brexit UK keeps hopes up for early free trade with Australia British Foreign Secretary, Dominic Raab told reporters on Thursday that the UK has been eyeing a free trade deal with Australia and hopes that it would be one of their first ...
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