WASHINGTON/NEW YORK (Reuters) - Asian share markets were set to tumble on Wednesday as the floor fell out from under U.S. crude prices, exposing the deep damage the coronavirus pandemic has had on global economic demand.

SINGAPORE (Reuters) - The dollar and yen held broad gains on Wednesday, as a bounce in oil prices failed to calm market nerves, with the week’s rout and frail fuel demand underlining a grim outlook for the global economy.

TOKYO (Reuters) - Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak.

After yesterday's historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent crude oil prices plummeting by over 20 percent into the $18 range in early morning trading.

KOCHI: The Centre’s decision to open glove-making units will provide the much-needed relief to rubber farmers, who have been left without income after the Covid-19 lockdown. As the glove units use rubber latex, the decision is expected to pave the way for the opening up of latex collection centres, numbering around 3,400 in the country. Of this, 2,400 are in Kerala.

TOKYO (Reuters) - The dollar resumed its climb against currencies of oil producers on Tuesday, as investors remained skittish after a historic plunge in U.S. crude futures to below zero and shied away from risk even as the benchmark bounced back.