BEIJING (Reuters) - China’s factory activity expanded at its slowest pace in five months in January, even as an outbreak of a new virus added to risks facing the world’s second-largest economy, a private survey showed on Monday.
Chinese markets plummet beyond 7% amid virus fears on first trading day after Lunar New Year holiday
Stocks in mainland China plummeted more than 7% on Monday morning as they returned to trade following an extended holiday amid an ongoing coronavirus outbreak.
THE Malaysian Rubber Glove Manufacturers Association (Margma) plans to produce more rubber gloves to meet the rising demand from the central Chinese city of Wuhan that is battling the novel coronavirus.
SYDNEY (Reuters) - Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.
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.