Asia dealmakers look to distressed sales as M&As slump

HONG KONG/SINGAPORE: Asia's dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low.

Asean markets rise as China factory activity rebounds

SINGAPORE: Southeast Asian stock markets rose on Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating.

Singapore falls over 4% while Vietnam worst hit

SINGAPORE: Southeast Asian stock markets closed lower on Monday as rising cases of the coronavirus in the region deepened fears of economic damage, with investors looking past moves by governments and central banks to combat the pandemic.

Oil-rich wealth funds seen shedding up to US$225bil in stocks

LONDON: Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to US$225bil in equities, a senior banker estimates, as plummeting oil prices and the coronavirus pandemic hit state finances.

Kuwait leads drop in Mideast stocks after downgrade

MOST Middle Eastern stock markets fell on Sunday, with Kuwait’s main index leading losses after S&P Global Ratings cut the government’s credit rating last week.

Covid-19 and the digital economy

THE Covid-19 pandemic is sweeping across the world at breakneck speed, impacting not just global financial markets and businesses but disrupting just about every aspect of our daily lives.

What we don’t yet know about the coronavirus

(Reuters) - It has been only three months since reports first emerged from China of an unknown virus causing unusual cases of pneumonia, and scientists and public health experts already know more about it and how it works than at the same point in earlier outbreaks.

Coronavirus bill lets struggling Americans tap retirement money

Emerging economies hit by strong dollar, Covid-19

ALREADY struggling with coronavirus-induced slowdowns, emerging market economies are facing further pressure from a rallying dollar, which has inflated borrowing costs for businesses and prompted foreign money to leave their stock markets.

Investors take profit after two days of rallies

KUALA LUMPUR: Bursa Malaysia slipped in early Thursday trade as investors took profit after two days of rallies while Asian markets got off on a cautious footing.