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SYDNEY: Shares of companies highly exposed to China's economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a virus outbreak, and even as some stocks involved in preventative health spiked.
TOKYO: European shares and US futures were higher after another day of losses in Asia on Tuesday (Jan 28) as worries deepened over the expanding outbreak of a new virus in China.
BANGKOK: As fears of a deadly virus sweep the globe, panicked members of the public are depending on a flimsy first line of defence -- surgical masks that are coveted, but in short supply and of limited use.
TOKYO: Panic and pollution drive the market for protective face masks, so business is booming in Asia, where fear of the virus from China is straining supplies and helping make mask-wearing the new normal.
KUALA LUMPUR: Bursa and several key Asian markets which were opened on Tuesday, came under selling pressure as the coronavirus claimed its 106th victim and spread to other countries.
SYDNEY/TOKYO: Stock and currency markets in Thailand, South Korea and Australia are bearing the brunt of investors' scramble to hedge the mounting risks from a new viral outbreak in China during a long holiday on the mainland.
PETALING JAYA: The biggest threat to Malaysian news publishers and broadcasters are Facebook, Google and piracy, according to a research report by CGS-CIMB Securities Sdn Bhd.
TOKYO: Japanese Economy Minister Yasutoshi Nishimura warned on Tuesday that corporate profits and factory production might take a hit from the coronavirus outbreak in China that has rattled global markets and chilled confidence.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell on Tuesday as growing worries about the spread of the coronavirus from China to several countries spooked investors.
THIS is a nerve-wracking week for global investors with exposure to Chinese assets: the country’s markets are closed for the Lunar New Year, leaving them unable to hedge risks arising from the coronavirus epidemic.