Kochi: A slowdown in demand has kept rubber prices steady despite lower availability in the market.
Stocks in Asia mostly rose Tuesday morning following an overnight surge on Wall Street amid hopes central banks would potentially take action to combat the economic impact of the coronavirus outbreak.
TOKYO — Asian shares rose Tuesday amid hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak.
SINGAPORE (Reuters) - The euro held steady just under its highest in two months against the dollar on Tuesday, on expectations that coronavirus-driven monetary easing in the United States can and will run deeper than any similar action in Europe.
TOKYO (Reuters) - Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus.
SEOUL (Reuters) - Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
Brent crude rose $1.48 per barrel, or 2.5%, to $53.18 per barrel at 0148 GMT. U.S. West Texas Intermediate (WTI) rose $1.33, or 2.8%, to $48.07 a barrel.
