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Japan's Abe prepares steps to soften blow of school closures as virus spreads
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is preparing steps to cushion the blow of nationwide school closures as infections of the coronavirus spread wider across the Asian country.
U.S. postpones summit with ASEAN leaders amid coronavirus fears - sources
WASHINGTON (Reuters) - The United States has decided to postpone a meeting with leaders of Southeast Asian countries it had planned to host on March 14 due to worries about the coronavirus outbreak, two U.S. officials familiar with the matter said on Friday.
Asian markets bomb as virus fears fuel global turmoil
HONG KONG: Asian and European equities spiralled downwards Friday (Feb 28), extending a collapse in world markets that has wiped trillions of dollars off valuations as the coronavirus spread rapidly around the world with the WHO warning the Covid-19 (coronavirus) outbreak was now at a "decisive point". Tokyo, Shanghai, Sydney, Singapore and Seoul were among the bourses that fell more than 3% while Jakarta was hammered more than 4%.
Bursa sees heavy trading, KLCI tumbles to Dec 2011 low
KUALA LUMPUR: Bursa Malaysia saw its trading volume surge to over five billion shares on Friday, the last trading day of February, as the FBM KLCI tumbled to the lowest since December 2011, battered by the Covid-19 and ongoing political turmoil.
Equities, ringgit pulled lower amid global sell-off, crude oil drops 2%
KUALA LUMPUR: Bursa Malaysia was a sea of red on Friday on the back of Wall Street's third straight day of rapid decline that sent its indices into correction territory.
Japan scrambles for workarounds after Abe urges March school shutdown to stem coronavirus
TOKYO (Reuters) - Angry Japanese parents joined bewildered teachers and businesses on Friday in a rush to find new ways to live and work for a month after Prime Minister Shinzo Abe's shock call for all schools to close in a bid to stop coronavirus spreading.
Japan's Abe vows to protect economy as virus heightens recession fears
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe vowed to take whatever policy steps are needed to prevent the new coronavirus from dealing a severe blow to an economy already teetering on the brink of recession.
Bursa follows Wall St, key markets deeper into the red
KUALA LUMPUR: Bursa Malaysia fell in early trade on Friday as investor sentiment was rattled by the worsening Covid-19 outbreak which had battered Wall Street and key Asian markets.
Dow suffers record decline in points as Wall Street leads global stocks lower
NEW YORK: The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.
Asian shares slump after Trump announcement on Covid-19 plans
HONG KONG (AP): Shares fell in Asia on Thursday (Feb 27) after President Donald Trump announced the US was stepping up its efforts to combat the virus outbreak that began in China, as the number of cases surpassed 81,000.