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HONG KONG (Bloomberg): Asia Pacific stocks have finally risen more than 20% from their recent lows and are set to join global peers in a bull market.
BEIJING/SHANGHAI: Hong Kong shares climbed on Monday, in line with global peers, as hopes for a fresh rollout of stimulus measures from major central banks to cushion the economic impact of the coronavirus underpinned sentiment.
BEIJING/SHANGHAI: Chinese shares climbed on Monday (April 27) on a drop in new Covid-19 (coronavirus_ cases in the country and hopes for more stimulus to counter the outbreak's economic impact.
HONG KONG/SHANGHAI: In this era of pandemic uncertainty, Chinese and Hong Kong-listed firms have come to one consensus on how to best survive it: sit on their wallets and preserve cash. They are retaining profits instead of distributing them to shareholders, with the most Hong Kong dividend payers in at least 35 years opting not to do so in the first quarter.
SINGAPORE: Temasek Holdings Pte denied speculation that Chief Executive Officer Ho Ching makes S$100mil (US$70mil) a year. "This claim is false,” the Singapore state investor said in a rare statement addressing the pay of the top executive, who’s also Prime Minister Lee Hsien Loong’s wife.
GENEVA/WASHINGTON (Reuters) - The head of the World Health Organization (WHO) said on Wednesday he regrets U.S. President Donald Trump's decision to pull funding for the agency, but that now is the time for the world to unite in its fight against the new coronavirus.
SINGAPORE/KUALA LUMPUR: South-East Asian equities have risen more than 20% from recent lows, tracking global peers, with consumer stocks recovering as the Covid-19 (coronavirus) pandemic shows signs of slowing down. The MSCI Asean Index gained as much as 1.9% on Tuesday, taking its rebound from a March 23 low to 21%.
SYDNEY: Asian shares were closing out a calamitous quarter with a tentative rally on Tuesday (March 31) as factory data from China held out the hope of a rebound in activity, even as much of the rest of the world shut down.
HONG KONG/SHANGHAI: Chinese shares edged up on Tuesday (March 31) after the country reported a better-than-expected industrial activity, though fears of an economic fallout of the coronavirus pandemic led the stock market to its worst quarter since 2018.
Asia markets tumble as US Federal Reserve cuts benchmark rate amid growing concerns about economic toll of coronavirus
Hong Kong and China stocks both open lowerInvestors not persuaded enough action is being taken to deal with virus’ economic fallout