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Banks fall on surprise OPR cut, glove makers rally
KUALA LUMPUR: Bank Negara Malaysia's suprise move to cut the overnight policy rate (OPR) by 25 basis points to 2.75% – the lowest since 2011 – prompted investors to cut their holdings in banks and sent the FBM KLCI into the red.
Public hospitals in Singapore ready to deal with Wuhan virus outbreak
SINGAPORE (The Straits Times/ANN): All public hospital emergency departments here are on "outbreak response mode" as Singapore raises its defences against a mysterious virus that is spreading in China.
Bursa perks up on IHH, glove makers’ gains
KUALA LUMPUR: Bursa Malaysia started Wednesday on a firmer footing as investors picked up healthcare stocks and glove makers following the outbreak of the new strain of coronavirus from China.
Factbox: Major severe coronavirus outbreaks in the past 20 years
CHICAGO (Reuters) - A new coronavirus has emerged from Wuhan, China, with more than 300 cases and at least six deaths linked to the respiratory illness believed to have emerged from animals, but with the ability to transmit person-to-person. The virus has spread beyond China's borders, raising concerns of a global pandemic.
Symphony fully exits from IHH
PETALING JAYA: London Stock Exchange-listed Symphony International Holdings Ltd has fully exited its investment in IHH Healthcare Bhd, which has provided Symphony with strong risk adjusted returns.
Glove makers rally on new virus outbreak in China
PETALING JAYA: Glove makers rallied as investors chased the stocks on expectations of a surge in demand following a new virus outbreak in Wuhan, China which is a strain of coronavirus.