The death toll from a coronavirus epidemic in China rose to 361 and Chinese stock and commodity markets fell heavily on Monday as investors retreated into safe-haven assets in the first trading session after an extended Lunar New Year break.
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.
Twitter Inc has banned financial market website Zero Hedge from the social media platform after it published an article linking a Chinese scientist to the outbreak of the fast-spreading coronavirus last week.
SHANGHAI: China's central bank unexpectedly lowered the interest rates on reverse repurchase agreements by 10 basis points on Monday (Feb 3), as authorities stepped up measures to relieve pressure on the economy from a rapidly spreading virus outbreak. The People's Bank of China (PBOC) said on its ...
Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote.
SINGAPORE: As digital banks look set to make their debut here later this year, observers say it may be an uphill task for them to build a customer base against more established conventional banks. While digital banks may find success in appealing to a digitally savvy customer base, traditional...
China's top electric vehicle battery maker CATL said on Monday it has signed a battery supply agreement with Tesla.
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.
The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the threat of the coronavirus.
What’s the outlook for the global economy this year? Downside risks and the lack of a cushion throw questions on optimistic projections, say Stephen S Roach.
