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NEW YORK: Oil prices tumbled for a fifth day on Thursday to their lowest level in more than a year, as new reports of novel coronavirus cases outside China spurred investor fears that the rapidly spreading outbreak could slow the global economy.
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.
NEW YORK: Goldman Sachs Group Inc boosted its gold forecast to US$1,800 an ounce as the coronavirus, depressed real rates, and increased focus on the US election continue to drive demand for the metal as a haven.
NEW YORK: Goldman Sachs Group Inc. boosted its gold forecast to $1,800 an ounce as the coronavirus, depressed real rates, and increased focus on the U.S. election continue to drive demand for the metal as a haven.
SINGAPORE: Oil and Asian share markets extended losses on Thursday as the rapid global spread of the Covid-19 coronavirus kept investors on edge and seeking safety in gold and bonds.
SINGAPORE: Oil and Asian share markets slipped on Thursday, struggling to find a footing as the rapid global spread of the coronavirus left investors on edge and seeking safety in gold and bonds
BENGALURU: Global stocks have further to run this year, but the likelihood of a correction of 10% or more is high, according to Reuters polls of market strategists, with the severity of the economic hit from the coronavirus outbreak being the biggest risk.
NEW YORK: Stocks and oil prices resumed their fall on Wednesday after authorities said more than 80 people were being monitored for the novel coronavirus in New York state's Long Island, adding to concern over its spread in Europe, Asia and the Middle East.
KUALA LUMPUR: JAG Bhd’s shares soared this morning as the waste management company posted a jump in its fourth quarter earnings.
NEW YORK:Stocks and oil prices tumbled again on Tuesday and the benchmark U.S. debt yield hit a record low on growing concern about the effects of the spread of coronavirus on the global economy.