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TOKYO (Reuters) - Japan sought to reassure people on Tuesday there was no need for panic buying as Prime Minister Shinzo Abe was due to announce a state of emergency to try to curb the spread of the coronavirus.
NEW YORK: Oil prices slumped on Monday, pulling back from last week's gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand.
NEW YORK: World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply.
It’s an all too common sight these days: long lines, empty shelves, and days of waiting for toilet paper to come back in stock. But as fears around the coronavirus drive essentials off the shelves, two University of Texas students have an idea to help.
DUBAI/MOSCOW, April 4 (Reuters) - OPEC and Russia have postponed a Monday meeting to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a dispute between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
OIL clawed back losses in early Asian trading despite a looming supply flood from Saudi Arabia and signs of deepening demand destruction.
SINGAPORE: Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world's largest economy ahead of another likely record week of jobless claims.
SINGAPORE: Crude oil futures surged on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets.
China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales.