Category: FinanceAsia
Stock markets slide amid fears coronavirus spread could hit growth
Stock markets have slumped around the world as the deadly coronavirus continued to spread across Europe and Asia, with airlines and tourism companies taking a heavy hit. [...] » More
Seoul bears brunt as Asia markets plunge on pandemic worries
Seoul led a sharp drop across Asian equity markets on Monday as South Korea announced a surge in COVID-19 infections, while oil plunged and safe-haven assets rallied on [...] » More
Virus hits shipping, spreading global economic strain
Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by the new coronavirus, sparking general alarm. As analysts [...] » More
Asian markets fall on fears over spreading virus
A spike in new virus cases outside China spooked Asian markets Friday after Wall Street pulled back from record highs as more companies warned earnings could be hurt by the [...] » More
Savannah Project contract executed
Perenti (ASX: PRN) is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has formally been awarded a contract by Panoramic Resources at the [...] » More
Stocks fall as Bank of Japan warns of ‘grave’ coronavirus concern
Asian and European stocks sunk on Friday as Bank of Japan governor Haruhiko Kuroda warned that he was watching the economic impact of the coronavirus outbreak with [...] » More
Global Markets: Asia looks to safer shores in US assets as virus spreads
Asian shares were under water on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of US assets, lofting the dollar to [...] » More
Perenti surface business secures more than $150 million in work
Perenti (ASX: PRN) is pleased to announce its Surface Mining Industry Sector Group (ISG) has been awarded $155.5 million in new and extended contracts. Perenti Group Managing [...] » More
Global Markets: Asian stocks slip as virus’ global impact puts markets on edge
Asian stocks eased and currency markets were skittish on Thursday, as virus cases rose in South Korea and Japan even as China added more stimulus via a rate cut to support [...] » More
Virus fears weigh on Asian markets
Coronavirus fears weighed on Asian markets Thursday despite China reporting a big drop in new cases and easing borrowing costs to cushion the epidemic’s economic [...] » More
Global Markets: Asian shares nudge up as virus spread slows, euro fragile
Asian shares and US stock futures edged cautiously higher on Wednesday, as investors tried to shake off worries about the coronavirus epidemic after a slight decline in the [...] » More
Asian markets rebound on hopes for limited virus impact
Asian markets rebounded Wednesday as hopes the deadly new coronavirus will have only a short-term impact on corporate earnings and economic growth prevailed. Falls on US and [...] » More
Asian shares mostly rise while virus fears continue
Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new virus that began in China. The Nikkei 225 rose 1.0 [...] » More
Asian markets fall as virus hits earnings, growth
Asian markets tumbled Tuesday after Apple warned the new coronavirus had hit output and demand in China, fuelling fears over the wider impact of the epidemic on corporate [...] » More
China virus outbreak chilling recovery for Asian economies
The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and big [...] » More
