Nasdaq News

Trade-exposed Asian currencies edged ahead on Wednesday, buoyed by optimism that the spread of coronavirus had slowed, while the kiwi leapt after the central bank dropped its easing bias.

Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the slowest pace in a decade, due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.

The Philippines' DoubleDragon Properties Corp plans a sale of shares worth up to 66 billion pesos ($1.3 billion) in a real estate investment trust (REIT), starting this year, to generate funds for expansion, its chairman said on Wednesday.

Indian shares rose on Wednesday, tracking gains in Asian markets, on hopes that the worst of the coronavirus in China may have passed.

Gold was little changed on Wednesday, as equities rose after the number of new coronavirus cases fell, while uncertainty over the economic impact of the outbreak underpinned bullion.

(RTTNews) - Indian shares opened higher on Wednesday amid positive global cues and ahead of industrial output and inflation data out later in the day.

Taiwan's Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on Wednesday, as the supplier to tech giant Apple and others reopens plants shut over a coronavirus outbreak.

Oil prices climbed on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic.

HONG KONG (Reuters Breakingviews) - A virus-related email has spread almost as fast as the illness from China. Shortly after Hong Kong broker CLSA hosted an interview for customers with a SARS expert, an anonymous listener’s notes from the call were zinged around the c

(RTTNews) - Shares of Agile Therapeutics, Inc. (AGRX) continue to hit new highs as the Company gears up for a major regulatory catalyst this week.

(RTTNews) - Asian stock markets are mostly higher on Wednesday following the mostly positive cues overnight from Wall Street. Investor sentiment was also boosted after China's senior medical adviser said in an interview with Reuters that the coronavirus outbreak may hit a peak i

America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation.

Taiwan's Foxconn hopes to resume 50% of its production in China by end of February, a source told Reuters on Wednesday, as the firm whose clients include tech giants such as Apple reopens plants closed because of the coronavirus outbreak.

Image source: The Motley Fool.

(RTTNews) - Indian shares may open higher on Wednesday despite lingering concerns about the spread of coronavirus, with the World Health Organization warning of a "very grave threat for the rest of the world".

(RTTNews) - Eli Lilly and Co. and Incyte said that a Phase 3 Study of Oral Selective JAK Inhibitor Baricitinib met the primary endpoint of at least 75% improvement of skin inflammation and key secondary endpoint.

Round-up of South Korean financial markets: ** South Korean shares were little changed on Wednesday as investors remained wary due to the uncertainty surrounding the coronavirus even as China's senior medical adviser said the epidemic would peak this month. The Korean won and the benchmark bond yield rose.

(RTTNews) - The Thai stock market has finished lower in back-to-back sessions, sliding almost a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,525-point plateau although it may stop the bleeding on Wednesday.

Image source: The Motley Fool.

Image source: The Motley Fool.