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HONG KONG/SINGAPORE: Cracks are appearing across the emerging-market landscape like never before. As most nations brace for a likely surge in Covid-19 (coronavirus) outbreak cases, the signals from the developing world could hardly be more worrying for investors.
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, snapping last week’s rally, in line with key Asian markets as investors worried about more countries imposing lockdowns.
HoONG KONG: Asian markets fell on Monday (March 30) following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection and death rate of the coronavirus.
Demand for "safe phones" given to Australian women facing domestic violence under a government-funded scheme has surged as coronavirus lockdown measures sparked concern that women are trapped with their abusers.
KUALA LUMPUR: The FBM KLCI started Monday on a lighter footing as it snapped four-days of gains following the IMF's declaration that the coronavirus pandemic had triggered a global recession.
SOFTBANK Group Corp. fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia kicked off the new week on a weak footing as uncertainties over the prolonged Covid-19 weighed on investor confidence.
KUALA LUMPUR: Tenaga Nasional Bhd and Xin Hwa Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
SYDNEY (Reuters) - Australia will spend A$130 billion (64.5 billion pounds) to subsidise the wages of an estimated 6 million people, marking a third tranche of stimulus designed to limit the fallout of the coronavirus pandemic on the country's economy.