Category: FinanceAsia
Asian markets bomb as virus fears fuel global turmoil
Asian and European equities spiralled downwards Friday, extending a collapse in world markets that has wiped trillions of dollars off valuations as the coronavirus spread [...] » More
IMF, World Bank funds ready to fight virus outbreak: spokesman
The International Monetary Fund and World Bank are ready to provide countries in need with immediate emergency funding to fight the coronavirus outbreak, a spokesman said on [...] » More
Burma’s last generation of tattooed headhunters
Ngon Pok remembers his father and grandfather returning triumphantly to his tribal village in Myanmar’s far north with a human headand the agony of the tattoo he was [...] » More
Oil falls for fifth day as coronavirus spreads outside of China
Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global [...] » More
Asia markets extend losses as virus takes hold around world
Asian markets fell again on Thursday as coronavirus infections surged outside China with more new countries reporting cases and analysts warning of more pain ahead for [...] » More
Asian stocks extend losses as pandemic fears grow
Oil and Asian share markets slipped on Thursday, struggling to find a footing as the rapid global spread of the coronavirus left investors on edge and seeking safety in gold [...] » More
Asia markets continue to fall after US stocks tank again on fears of coronavirus
Asia stocks fell Wednesday after US markets tanked again overnight as US health authorities warned Americans to get ready for an inevitable coronavirus outbreak. From Seoul [...] » More
Asian stocks, Treasury yields fall as pandemic fears intensify
Asian shares fell on Wednesday as a US warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on [...] » More
Once bulletproof, tech stocks now among market’s biggest losers
Technology sharesa key engine of the stock market’s climb to records over the last several monthsare now among those leading Wall Street’s plunge on growing [...] » More
Economic contagion spreads beyond China to other Asian economiesReuters Poll
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or [...] » More
Asian markets take another hit as virus quickly spreads
A sea of red washed across Asian markets on Wednesday, with the coronavirus spreading rapidly around the world and health chiefs warning that governments were not prepared [...] » More
PERENTI REPORTS STRONG EARNINGS AS IT DELIVERS AGAINST 2025 STRATEGY
HY20 summary of results: * Revenue of $1.0 billion, up 5.3% * Underlying1 EBITDA of $222.0 million, up 10.6% * Underlying1 EBIT(A) of $111.0 million, up 7.7% * Underlying1 [...] » More
Asian markets mixed after virus-fuelled global bloodbath
Asian markets were mixed Tuesday as bargain-buying after the previous day’s bloodbath tempered fears that the new coronavirus will develop into a pandemic and hammer [...] » More
Asian shares mixed after Dow drops more than 1,000 points
Shares were mixed in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears [...] » More
Swick reinstates interim dividends, commences strategic review
Highlights: * Group TRIFR at end of 1H FY20 at 6.4 which is the lowest in Swick history a reduction of 65 percent from 18.4 at the end of the prior corresponding period * A [...] » More
