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SINGAPORE: Singapore's central bank said its exchange rate-based monetary policy stance remains unchanged and that the currency has room to ease within its current settings amid weakening economic conditions due to the outbreak of the coronavirus in China.
MANILA: Philippine stocks sank into a bear market and Indonesian shares were set to enter one as another devastating day for equities unfolded.
SYDNEY: Australian Prime Minister Scott Morrison said on Tuesday the government will soon announce measures to stimulate an economy hammered by the effects of the coronavirus outbreak, as the local share market came in for another turbulent session.
JAKARTA: Governments should roll back or refrain from using travel restrictions as the cOVID-19 coronavirus is mainly being spread through local transmission rather than imported cases, a trade group of Asian airlines said.
HONG KONG: China stocks fell to six-week lows on Tuesday, in line with global markets as investor sentiment remained fragile after coordinated efforts by central banks failed to ease worries over the coronavirus impact.
SINGAPORE: Singapore will close bars and entertainment venues including discos and cinemas among new measures to curb the spread of the coronavirus, the health ministry said on Tuesday.
NEW YORK: Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure.
SYDNEY: Air New Zealand Ltd plans to draw on a NZ$900 million ($596.34 million) government loan within days to help it weather the coronavirus pandemic after on Thursday reporting its first annual loss in almost two decades.