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HONG KONG: Chief Executive of the Hong Kong Special Administrative Region Carrie Lam on Saturday (March 7) inspected park services amid the current Covid-19 (coronavirus) issues, calling on visitors to keep an appropriate social distance.
TOKYO (AP): - Asian shares rose Thursday (March 5), taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its effects on the economy.
BEIJING (China Daily/ANN): China is sticking with more realistic monetary approaches to ramp up economic activities, rather than rushing to join the global wave of interest rate cuts amid the spread of novel coronavirus pneumonia.
BEIJING (AP): Asian stock markets were mixed Wednesday (March 4) after Wall Street sank despite an emergency US interest cut aimed at defusing fears a virus outbreak might depress global economic activity.
WASHINGTON/GENEVA (Reuters) - The World Health Organization (WHO) on Tuesday warned of a global shortage and price gouging for protective equipment to fight the fast-spreading coronavirus and asked companies and governments to increase production by 40% as the death toll from the respiratory illness mounted.
BEIJING/TOKYO: A sharp rebound in world stock markets lost only a little steam on Tuesday (March 3) despite a lack of any immediately gratifying measures after global policymakers pledged to address the economic fallout from the coronavirus outbreak.
JAKARTA (Bloomberg): Indonesia is working on a second stimulus package to shore up Southeast Asia’s biggest economy, adding to the central bank’s aggressive moves to counter the impact of the coronavirus on financial markets.
HONG KONG: Global economic growth will sink to levels not seen in over a decade as the coronavirus outbreak hammers demand and supply, challenging central banks and governments to respond to a fast-changing situation, according to the OECD.
SINGAPORE/HONG KONG: With the world reeling from one of the biggest risk sell-offs since the 2008 global financial crisis, more Covid-19 (coronavirus)-fueled declines in emerging markets may only be tempered by the prospect of coordinated central bank action or large fiscal stimulus.
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank will take necessary steps to stabilise markets jolted by the coronavirus outbreak, bolstering speculation about coordinated global policy action.