India's factory activity growth slowed in February from the previous month's eight-year high due to a modest weakening in demand and output, although overall conditions remained firm, a private survey showed on Monday.
South Korean budget carrier Jeju Air Co Ltd said on Monday it would acquire a majority stake in competitor Eastar Jet for 54.5 billion won ($45.49 million).
China and Hong Kong stocks rebounded on Monday, led by infrastructure and real estate stocks, as bleak economic data fuelled hopes Beijing will roll out further stimulus to support the world's second-largest economy, and as new virus cases declined.
Millions of families in China effectively-quarantined in their own homes due to coronavirus are struggling to keep themselves safe, still earn a living and entertain their children as schools remain shut for at least the next few weeks.
A Japanese cruise operator filed for bankruptcy on Monday after its restaurant ship Luminous Kobe 2, which offered buffets and night views of the western port city of Kobe, was hit by cancellations amid concerns about the coronavirus outbreak.
Samsung Electronics has started building a $220 million research and development centre in Vietnam, the South Korean tech giant's local unit said on Monday.
Gold rose more than 1% on Monday, recouping losses from a steep slide in the previous session, amid the fast-spreading coronavirus and hopes for a rate cut by the U.S. Fed.
(RTTNews) - Asian stock markets are mostly higher on Monday, with some of the markets recovering after a weak start despite worries about the rapid spread of the coronavirus and its impact on the global economy. The U.S., Australia and Thailand have all reported the first corona
Asia's factories took a heavy hit in February from the coronavirus outbreak with activity in China shrinking at a record pace, business surveys showed on Monday, adding to fears the crisis risks triggering a global recession.
The yen and the euro were on the front foot against the dollar on Monday as traders raised their bets of an interest rate cut by the U.S. Federal Reserve this month to shield the economy from the rapid spread of the coronavirus.
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, said on Monday it had partnered with Indonesian brokerage Verdhana to increase its equity trading and research coverage in the Southeast Asian nation.
HONG KONG (Reuters Breakingviews) - The coronavirus is making dealmakers a little queasy. Macau casino operator Melco Resorts and Entertainment already called off a plan to invest another $600 million in Australia’s Crown Resorts, blaming the outbreak. Other acquirers
(RTTNews) - Gardner Denver Holdings Inc. completed the merger with the Ingersoll Rand Industrial segment. The newly combined company, named Ingersoll Rand Inc., will begin trading March 2, on the New York Stock Exchange under the symbol "IR".
The Australian dollar edged away from 11-year lows on Monday, as speculation mounted the world's major central banks were planning a coordinated barrage of stimulus aimed at offsetting the economic impact of the coronavirus.
(RTTNews) - Hedge fund Elliott Management Corp. has bought a sizable stake in Twitter, and is pushing for several changes, including replacement of the Chief Executive Officer, Jack Dorsey, according to the reports citing people familiar with the matter.
Elliott is concerned t
Asian shares steadied from early losses on Monday as investors placed their hopes on a coordinated global monetary policy response to weather the damaging economic impact of the coronavirus epidemic.
(RTTNews) - The volatility continued for the Thai stock market, which has alternated between positive and negative finishes through the last six trading days since the end of the three-day losing streak in which it had stumbled more than 35 points or 2.2 percent. The Stock Excha
Shares in HNA Group-controlled companies rose on Monday after the Chinese conglomerate said it had asked the government to help it resolve liquidity risks caused by the coronavirus outbreak.
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