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HONG KONG: Asian markets rebounded on Wednesday (Feb 19) as hopes the Covid-19 (coronavirus) outbreak will have only a short-term impact on corporate earnings and economic growth prevailed.
KUALA LUMPUR: Blue chips closed lower on Wednesday as weaker crude palm oil prices dragged plantations into the red while glove makers also lost ground.
TOKYO: Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in China and concerns rose over supply after a U.S. move to cut more Venezuelan crude from the market.
KUALA LUMPUR: The FBM KLCI drifted lower in morning trade as bearish sentiment over the Covid-19 outbreak continued to weigh on equities even as the ringgit continued to struggle amid softer interest in Malaysian assets.
BANGKOK: Shares slipped in Europe and Asia on Tuesday (Feb 18) as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target in this quarter and China moving to postpone or cancel major events, including the Beijing auto show.
KUALA LUMPUR: Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc's warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus.
KUALA LUMPUR: A warning from Apple Inc overnight that it would not meet its revenue target for the first quarter owing to slowed production and demand in China sent global equities lower as investors fretted over the impact of the Covid-19 outbreak.
KUALA LUMPUR: The ringgit continued its downtrend from last week following worries surrounding global markets as Covid-19 fears continue to persist.
LONDON: Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
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.