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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.
NEW YORK: World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
SINGAPORE: Southeast Asian companies seeking to list in Hong Kong may be better off staying at home as investors in the financial hub continue to avoid small-cap stocks.
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.
(Reuters) - The outbreak of a new virus in China has sent shivers through world financial markets, with investors drawing comparisons to the 2003 SARS (Severe Acute Respiratory Syndrome) outbreak in order to assess its potential economic impact.
HONG KONG: A deadly virus in China. A rating downgrade from Moody’s Investors Service. Violent clashes over the weekend.
SYDNEY: Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets.