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SYDNEY (Reuters) - Australia's financial regulators will discuss the impact of a new coronavirus outbreak on Australia's A$2 trillion (1 trillion pounds) economy in an emergency meeting on Monday, a source familiar with the matter told Reuters.
LONDON (Reuters) - Two top European Central Bank policymakers signalled growing worries about the coronavirus threat on Thursday, though there was no sign the bank was rushing to cut euro zone interest rates again.
BEIJING (AFP): China on Thursday (Feb 20) announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak.
BEIJING: China’s Cobid-19 (coronavirus) outbreak has been met with a wide-ranging response from policy makers seeking to cushion the economy, support financial markets and bolster investor confidence.
SEOUL (Reuters) - South Korea President Moon Jae-in said on Tuesday the government should make an all-out effort to cushion the economic impact from China's coronavirus outbreak, boosting expectations of further monetary easing.
BANGKOK (AP): Shares rose in Europe after a mixed session in Asia on Monday (Feb 17), with Shanghai's benchmark jumping 2.3% after the central bank rolled out more support for the economy amid a spreading virus outbreak that has infected more than 71,000 people in more than two dozen countries.
KUALA LUMPUR/SINGAPORE: Emerging-market local-currency bonds especially in Asean countries should continue to prove more resilient than their equity counterparts amid the coronavirus outbreak thanks to proactive monetary policy and uncertainty over corporate earnings, according to market participants.
HONG KONG (AP): Asian stock markets surged Thursday (Feb 6) after President Donald Trump was acquitted in an impeachment trial and China announced a tariff cut on US imports and aid to businesses reeling from a virus outbreak.
TOKYO (AP): European indexes were slipping in early trading Wednesday (Feb 5) after Asian shares rose on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.
BANGKOK: Outside China, Thailand has the largest number of patients infected by the novel coronavirus. Unfortunately, the export-reliant US$500bil economy, South-East Asia’s second-largest, was sickly even before the outbreak of the pneumonia-like illness. That reflects simultaneous blows from the Sino-U.S. trade war, the worst drought in decades and a stubbornly strong currency.