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NEW YORK: Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets eased as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.
SYDNEY/TOKYO: Stock and currency markets in Thailand, South Korea and Australia are bearing the brunt of investors' scramble to hedge the mounting risks from a new viral outbreak in China during a long holiday on the mainland.
THIS is a nerve-wracking week for global investors with exposure to Chinese assets: the country’s markets are closed for the Lunar New Year, leaving them unable to hedge risks arising from the coronavirus epidemic.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a worried note as the FBM KLCI skidded over 25 points at one point, tracking the overnight fall on Wall Street and key Asian markets over the coronavirus outbreak.
TOKYO: Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes.
TOKYO: Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes.
NEW YORK: U.S. shares and crude prices fell sharply on Friday as investors moved into safe-haven assets amid concerns that a spreading virus from China would curb travel and hurt economic demand.
TOKYO: Asian shares steadied on Friday in holiday-thinned trade for the Lunar New Year, despite fears that a new coronavirus from China could spread rapidly as millions of people travel over the week-long break.
TOKYO: Asian shares held their ground on Friday as trade slowed for the Lunar New Year, despite investors fears that a new coronavirus in China could spread faster as millions of people would be travelling over the week-long holiday.
KUALA LUMPUR: Bursa Malaysia fell in early Thursday trade, mirroring the cautious key Asian markets, as investors worried about the new spread of the flu-like virus in China.