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NEW YORK (Reuters) - As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.
SEOUL (Reuters) - South Korea President Moon Jae-in said on Tuesday the government should make an all-out effort to cushion the economic impact from China's coronavirus outbreak, boosting expectations of further monetary easing.
YOKOHAMA (Japan) (AFP) - The United States gave the signal Monday of the evacuation of the foreigners of the liner contaminated by the coronavirus off Japan, while the assessment of the epidemic continued to climb in China.
SINGAPORE (The Straits Times/ANN): The Ministry of Trade and Industry (MTI) on Monday (Feb 17) downgraded its economic growth forecast to between -0.5 and 1.5 per cent - indicating a possible recession - due to a weakened outlook after the outbreak of the coronavirus.
KUALA LUMPUR/SINGAPORE: Emerging-market local-currency bonds especially in Asean countries should continue to prove more resilient than their equity counterparts amid the coronavirus outbreak thanks to proactive monetary policy and uncertainty over corporate earnings, according to market participants.
TOKYO (Reuters): China has room to ramp up stimulus if its economy slows further due to the Covid-19 outbreak, but should not lose sight of structural reforms to address rapid credit growth, a senior International Monetary Fund official said on Wednesday (Feb 12).
JAKARTA, Feb 7, Jakarta Post/ANN -- The government's economic growth target in 2020 is unrealistic given last year’s sluggish economic expansion and looming risks from the coronavirus outbreak, economists have said.
FRANKFURT (Reuters) - The coronavirus outbreak in China is adding to global economic uncertainty, compounding already ample risk from trade protectionism, European Central Bank President Christine Lagarde said on Wednesday.
LONDON (Reuters) - Travel and trade restrictions introduced to control the spread of the coronavirus from China are now expected to deliver a short, sharp blow to both Chinese and global economic activity for the first quarter of this year.
LONDON (Reuters) - Goldman Sachs says 2020 global growth will take a modest hit from the outbreak of coronavirus, assuming an aggressive response from authorities in China and elsewhere to bring the rate of new infections down sharply by the end of the first quarter.