SINGAPORE (Reuters) - Oil prices climbed more than 1% on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential squeeze on global oil demand resulting from China’s fast-spreading coronavirus.
SINGAPORE (Reuters) - The dollar held gains against the safe-haven yen on Wednesday as China’s response to the coronavirus outbreak raised hopes it could be contained, even as the death toll rose sharply.
TOKYO (Reuters) - Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but risks remain as the illness continued to spread and the death toll neared 500.
Asia Pacific markets traded higher on Wednesday, building on gains from the previous session, after stocks sold off recently due to worries over the new coronavirus outbreak.
BANGKOK (Feb 5): Rubber bulls are training their sights beyond the recent slump in prices due to the rapidly spreading coronavirus and instead betting that tighter supplies will help prices rebound from a three-month low.
SYDNEY/TOKYO (Reuters) - Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although sentiment remained fragile with oil near 13-month lows.