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Asian stocks rise but tempered by virus, election fears

Stocks rose Monday, tracking a healthy lead from Wall Street as bargain-buyers moved in following a recent sell-off, though advances were limited by worries about fresh virus spikes and the reimposition of economically damaging containment measures......»»

Category: financeSource: thestandard thestandardSep 28th, 2020

Asian stocks mixed after virus-fueled global bloodbath

Hong Kong, China―Asian markets were mixed Tuesday as bargain-buying after the previous day’s bloodbath tempered fears that the coronavirus will develop into a pandemic and hammer the global economy......»»

Category: financeSource:  thestandardRelated NewsFeb 25th, 2020

Oil dips after record rally, Asia stocks mixed as weekend looms

Crude prices slipped Friday after the previous day's record surge as traders questioned Donald Trump's claims that Russia and Saudi Arabia were set to slash output, while Asian equities were mixed after another thunderous rise in US jobless claims caused by the virus crisis......»»

Category: financeSource:  thestandardRelated NewsApr 3rd, 2020

Global stocks rebound as virus fears ease

NEW YORK, United States — Global stocks rallied strongly Tuesday as fears eased over an economic hit from the coronavirus outbreak in China even as the number of cases continued to rise. Major indices in Asia, Europe and the US all gained one percent or more, with analysts citing economic stimulus measures by the People’s Bank of […] The post Global stocks rebound as virus fears ease appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 5th, 2020

Stocks mostly slip with US stimulus unlikely before election

Asian markets mostly fell Thursday as chances of a pre-election stimulus package from Washington dimmed, while investors were also spooked by warnings from US officials that Russia and Iran had tri.....»»

Category: newsSource:  manilanewsRelated NewsOct 23rd, 2020

Asia stocks slip with US stimulus unlikely before election

Asian markets mostly fell Thursday as chances of a pre-election stimulus package from Washington dimmed, while investors were also spooked by warnings from US officials that Russia and Iran had tri.....»»

Category: newsSource:  manilanewsRelated NewsOct 23rd, 2020

Italy ‘second wave’ fears grow as virus cases top 5,000

Italy was grappling Friday with fears of a second coronavirus wave similar to the ones seen in Britain, France and Spain, as it registered over 5,000 new infections in 24 hours. “We’re under extreme pressure,” the World Health Organization’s Italian government adviser Walter Ricciardi said, warning that spaces in Covid-19 hospitals were running out in the worst-hit regions. Italy registered 5,372 new cases Friday, the health ministry said, nearly 1,000 more than on Thursday. The country has not seen such high numbers of recorded new infections since mid-April. New infections are still well behind Britain, France and Spain, which are registering between 12,000 and 19,000 cases in 24 hours. But Ricciardi said the rise in cases could reach those levels in Italy just as winter begins and common influenza strikes. “When the flu comes, we risk having 16 thousand cases in a day,” he said in an interview with broadcaster Sky TG24. “I am very worried… (about) sub-intensive units because there are infectious patients who need to be treated in a certain way and beds are already running out. And that’s before the flu hits,” he said. The government moved to tackle the sharp rise in case numbers earlier this week, making wearing face masks compulsory in outdoor spaces across the country, on top of all indoor spaces apart from homes. – ‘Dramatic decisions’ – Lazio, the region which houses capital Rome, has been performing particularly badly, along with Campania in the south and Lombardy in the north, where the pandemic broke out in Italy back in February. According to official figures, more than 36,000 people have died of the virus in Italy, where a nationwide lockdown — the first in any European country — lasted over two months. Drained by years of budget cuts, southern Italy’s overstretched health care system escaped the brunt of the virus after movement between regions was banned, preventing cases from travelling down the country. But there are fears it would not escape a second wave. The Italian Association of Hospital Anaesthesiologists said Friday that hospitals in the south, where infrastructure is weaker, were not ready for an escalating crisis, despite efforts made to boost beds and staff numbers. Campania’s regional president Vincenzo De Luca said on Facebook he thought “we’ve reached the point where dramatic decisions need to be taken”. He said he could not rule out a new lockdown of the region. Regional Affairs Minister Francesco Boccia said Friday that if the upward trend continued, movement of people between regions may be temporarily banned. “A rise in the number of contagions was predictable. Intensive care units have been reinforced,” he said. “However, I cannot rule out limits on movements. Nothing can be ruled out at the moment,” he told Radio Capitale......»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Asian markets turn lower as virus spikes around planet

Shares saw further losses Monday as a spike in new coronavirus infections across the planet forced governments to impose fresh containment measures, fuelling fears about the stuttering economic recovery......»»

Category: lifestyleSource:  abscbnRelated NewsJul 20th, 2020

Asia stocks drop as virus spikes, China data fails to lift gloom

Asian markets fell Thursday as investors fretted over fresh spikes in virus infections around the world and the reimposition of lockdowns, while forecast-busting economic growth data out of China was unable to break through the unease on trading floors......»»

Category: newsSource:  thestandardRelated NewsJul 16th, 2020

Market ends flat; Ayala Land, Puregold rise

Stocks closed virtually flat Tuesday amid fears over a spike in coronavirus infections around the world, the reimposition of containment measures, and China-US tensions......»»

Category: financeSource:  thestandardRelated NewsJul 15th, 2020

Bleak economic prospects, virus worries spook stocks

The stock market continued to plunge yesterday as investors are still spooked by the continued rise in the coronavirus disease 2019 or COVID-19 cases in the Philippines and in many parts of the world including the US and Europe......»»

Category: financeSource:  philstarRelated NewsJun 25th, 2020

Market declines slightly; Metro Pacific, Ayala rise

Stocks retreated Friday on mild profit taking and mixed trading, as investors turned cautious after the virus spiked in several places including Beijing, Tokyo, Germany, Florida and Texas......»»

Category: newsSource:  inquirerRelated NewsJun 20th, 2020

Market ends flat; Ayala advances

Stocks closed virtually flat Wednesday as investors weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical tensions and profit-taking......»»

Category: financeSource:  thestandardRelated NewsJun 18th, 2020

Tokyo stocks open lower on virus worries, higher yen

Tokyo stocks opened lower on Thursday as traders weighed economic recovery hopes against fears of a second wave of coronavirus infections, with a stronger yen weighing on the market......»»

Category: financeSource:  thestandardRelated NewsJun 18th, 2020

Asian markets extend gains on hopes virus crisis is easing

The easing of lockdowns around the world and signs that economies are slowly recovering provided further impetus for Asian stocks Tuesday, though traders remain on edge over China-US tensions and growing unrest across several large American cities......»»

Category: financeSource:  thestandardRelated NewsJun 2nd, 2020

Global stocks mostly rise as markets shrug off weak data

Global stocks were mostly firm Friday as investors shrugged off weak economic data from Germany and the United States and focused on the easing of lockdowns rather than on fears of another coronavirus wave......»»

Category: financeSource:  thestandardRelated NewsMay 19th, 2020

Asian equities slip as second wave fears come into focus

Asian markets fell again Wednesday after Donald Trump's top virus adviser warned that easing lockdown measures too early could spark another dangerous wave of infections and batter the economic recovery......»»

Category: newsSource:  thestandardRelated NewsMay 13th, 2020

Myanmar to release 25,000 prisoners amid virus fears

More than a quarter of Myanmar’s prison population is to be released, the president’s office announced Friday, as calls grow to ease pressure on overcrowded jails with coronavirus fears gripping the country. The Southeast Asian nation grants an annual amnesty to thousands of prisoners to mark its April New Year holiday, but this is the […] The post Myanmar to release 25,000 prisoners amid virus fears appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsApr 17th, 2020

Stocks close flat; Puregold rises

The stock market closed virtually flat Friday, with many investors staying on the sidelines after another thunderous rise in US jobless claims caused by the virus crisis......»»

Category: financeSource:  thestandardRelated NewsApr 3rd, 2020

Indonesia frees 18,000 inmates from bursting jails over virus fears

MAJENE, Indonesia – Indonesia has released some 18,000 inmates in a desperate bid to stop coronavirus from rampaging through its notoriously overcrowded prison system, authorities said Thursday, April 2. The mass release comes days after the Southeast Asian nation said it would free more than 30,000 ........»»

Category: newsSource:  rapplerRelated NewsApr 3rd, 2020

Asian markets mostly down as virus fears grow

Asian markets fell Monday following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2020