SINGAPORE (Reuters) - Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.
Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China.
SHANGHAI/BEIJING (Reuters) - The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said.
The Malaysian Rubber Glove Manufacturers Association (MARGMA), which comprised of Malaysian rubber glove manufacturers and associated suppliers and supporting organisations, assures that the gloves industry is able to meet the requirements for gloves amid the Novel Coronavirus (2019-nCoV) outbreak.
China’s factory activity cooled slightly in January, although officials and analysts warned the drop does not account for the coronavirus outbreak, which is set to test an economy already growing more slowly.
SYDNEY (Reuters) - Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.