SYDNEY (Reuters) - Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors fretted over Sino-U.S. tensions, while oil ended an extended winning streak on oversupply risks amid weak demand.

Jakarta (ANTARA) - Indonesia's Public Works and Public Housing Ministry plans to purchase 10,000 tons of rubber from farmers for use in rubberized asphalt amid the new coronavirus pandemic impacting absorption of the rubber commodity by the market.

MELBOURNE (Reuters) - Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude inventories rose more than expected amid a slump in demand caused by restrictions to halt the coronavirus spread.

The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build, of 8.440 million barrels for the week ending May 1 as the demand destruction continues and storage space nears its upper limits.

The Rubber Board has exhorted the tyre industry to source natural rubber from the domestic market and restrict imports to the bare minimum.

KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) views seriously and will not compromise with manufacturers, who flouted the rules, especially those who were allowed to operate during the Movement Control Order (MCO) period.