Category: FinanceAsia
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
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
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 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
Asian markets mixed: Japan skids; China helped by rate cut
Markets were mixed in Asia on Monday, with Japan’s benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last [...] » More
Virus jitters weigh on Asian markets
Fears about the economic fallout from the new coronavirus weighed on Asian markets Monday as the death toll in China from the epidemic rose and infections topped 70,500. [...] » More
Coronavirus fears rattle Asia traders
Fears over the new coronavirus rattled investors in Asia Friday as they struggled to work out if the China epidemic was worse than being reported by authorities. A dramatic [...] » More
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices extended gains on hopes of [...] » More
Coronavirus jitters push Asian markets down
Asian markets fell on Thursday after a dramatic spike in the number of coronavirus deaths and cases in mainland China, with traders concerned about the economic impact of the [...] » More
