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.
TOKYO (Reuters) - The dollar held firm on Tuesday after a key U.S. manufacturing survey showed a surprise recovery, while concerns about a widening coronavirus outbreak in China kept the yuan and the Australian dollar subdued.
SYDNEY (Reuters) - A fragile calm gripped Asian shares on Tuesday as investors waited anxiously to see if Beijing could stem the rout in Chinese assets, while oil hit 13-month lows as the coronavirus throttled demand in the world’s biggest importer of fuel.
The Shanghai International Energy Exchange on Sunday announced to temporarily suspend the nighttime trading of crude oil futures and natural rubber futures for the prevention and control of the novel coronavirus.
