Stocks and oil fell while safe-haven gold rose on Monday as the death toll from ...
SYDNEY - Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.
MSCI’s broadest index of Asia-Pacific shares outside Japan stumbled 0.7% to be on track for its second straight day of loss. Japan’s Nikkei fell 0.8% while South Korea’s KOSPI was off 1.4% and Australian shares eased 0.5%. “Markets will be sensitive to coronavirus news, as factories and ports in China reopen. The extent to which that is achievable will indicate the level of ongoing disruption,” they added.
China’s central bank has taken a raft of measures to support the economy, including reducing interest rates and flushing the market with liquidity. From Monday, it will provide special funds for banks to re-lend to businesses working to combat the virus. An advance team of international experts led by the World Health Organization left for Beijing to help investigate the epidemic, the Geneva-based agency said on Sunday.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Alli accused of filming 'racist' video mocking Asian man and deadly coronavirusDele Alli, the England and Tottenham footballer, sent offensive videos to his friends on social media app Snapchat
Les mer »
New Cassandra Cain graphic novel shows Asian American girls can be Batgirl too'Shadow of the Batgirl' author Sarah Kuhn wants young Asian American girls to see they can be the main character in superhero stories too.
Les mer »
10 Must-Read Books With South Asian Characters Coming Out This YearFrom timely novels about political activism to stories that traverse through centuries of Parisian history, 2020 brings a slew of potentially award-winning and culture-transforming books about the South Asian experience.
Les mer »
Stocks Surge to Record Highs, but Few CEOs Cash OutOnly 80 CEOs in the S&P 500 reduced personal holdings in the businesses they led during 2019, according to a Wall Street Journal analysis—and the majority of them did so during a company buyback.
Les mer »
When investors lose trust, they can put stocks in the 'penalty box'When investors lose faith in management teams after debacles or scandals, they may put stocks of these companies in the ''penalty box.'' Boeing and Wells Fargo are recent examples.
Les mer »
Buy these stocks on the dip related to the coronavirus, Wall Street analysts sayWall Street analysts say there are plenty of stocks to bolster your portfolio despite the economic uncertainty brought on by coronavirus.
Les mer »