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(Reuters) - The outbreak of a new virus in China has sent shivers through world financial markets, with investors drawing comparisons to the 2003 SARS (Severe Acute Respiratory Syndrome) outbreak in order to assess its potential economic impact.
HONG KONG: For Hong Kong leader Carrie Lam (pic), this week’s World Economic Forum in Davos is a chance to convince global business and political leaders that the Asian financial hub is back on track.
MANILA: The Philippines government said it’s reviewing all deals signed with the private sector that may have put taxpayers at a disadvantage on Tuesday (Jan 21), a sign that President Rodrigo Duterte is taking the scrutiny of contracts beyond regulated utilities.
LONDON: Global stock markets slumped on Tuesday (Jan 21) as a SARS-like virus taking hold in China spooked investors, while sentiment suffered a knock also from a credit-ratings downgrade to major financial hub Hong Kong, analysts said.
HONG KONG: Hong Kong stocks tumbled on Tuesday (Jan 21) after the city's credit rating was downgraded over its response to months of sometimes violent protests, while investors were also spooked by a deadly SARS-like virus that has been confirmed to be transmitted between humans.
KANGAROO ISLAND, Australia (Reuters) - Bees swarm around Peter Davis as he unloads his precious, buzzing cargo into their new home in a part of South Australia's Kangaroo Island that was not devastated by recent bushfires.
KUALA LUMPUR: Despite the increase in prices for mandarin oranges, many are still stocking up on the fruit to preserve the Chinese culture and tradition.
SINGAPORE: A mystery box website offering electronic gadgets, fashion wear and beauty products as prizes has been blocked here after a Singaporean actor promoted it on YouTube.
OSLO (Reuters) - Norway's Finance Minister Siv Jensen and her right-wing Progress Party will resign from the government over a decision to bring home from Syria a woman suspected of Islamic State affiliation, Jensen said on Monday.
HONG KONG: Most Asian markets were mixed Monday (Jan 20) as investors took a step back after last week's rally, though the mood remains upbeat after the China-US trade pact was signed, and the global outlook appears a little rosier.