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NEW YORK: Stocks across the globe fell by the most since mid-2016 on Monday and oil prices tumbled as a jump in coronavirus cases outside of China drove investors to the perceived safety of gold and government bonds on fears of the impact on the global economy.
SYDNEY: Global shares and oil extended losses on Monday while safe-haven gold soared as the spread of the coronavirus outside China accelerated with infections jumping in South Korea, Italy and the Middle East, in a worrying new development in the outbreak.
SINGAPORE/RIYADH: The guardians of the world economy are convening amid mounting fears that the Covid-19 (coronavirus) outbreak poses a greater threat to global growth than first envisaged.
NEW YORK: Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury bond sliding to an all-time low.
IT IS a known fact that there is a lack of interest in Malaysian stocks.
SINGAPORE: The Covid-19 coronavirus outbreak is turning some of the winners of the last quarter into this year’s losers in Singapore’s market for small-cap stocks.
KUALA LUMPUR: Blue chips slumped in early Friday trade as Bursa followed key Asian markets lower on concerns about the widening impact of the Covid-19 coronavirus.
KUALA LUMPUR: Bursa Malaysia’s early gains evaporated on Wednesday with plantations and Genting weighing down the FBM KLCI, in line with key Asian markets.
SHANGHAI/SINGAPORE: China's blue-chip stocks ended lower on Tuesday as Apple warned that it was unlikely to meet its March quarter sales forecast as the Covid-19 coronavirus slowed production and weakened demand in China.