BEIJING, March 4 (Reuters) - China’s services sector had its worst month on record in February as new orders plummeted to their lowest level since the global financial crisis, a business survey showed on Wednesday, with economists urging swift support to avoid mass bankruptcies.

SINGAPORE (Reuters) - Asian shares wobbled on Wednesday and bonds held gains, as an emergency rate cut from the U.S. Federal Reserve did little to soothe investor fears over the coronavirus’s widening fallout.

SINGAPORE (Reuters) - Oil prices rose more than 1% on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak.

TOKYO (Reuters) - The dollar fell to a five-month low versus the yen after an emergency 50 basis point cut in interest rates by the U.S. Federal Reserve was deemed insufficient to offset downside risks posed by the global spread of the coronavirus.

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.