(RTTNews) - Indian shares opened a tad lower on Friday after MPC meeting minutes released by the RBI expressed concerns about economic activity, saying the economy has not bottomed out yet.
Most Southeast Asian stock markets fell on Friday, as the rapid spread of the coronavirus outside mainland China and its impact on Asia's economies dulled the appeal of risk assets.
Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country.
Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on any early action to cut output to support the market.
Singaporean rig builder Sembcorp Marine Ltd said on Friday a former consultant to the company had been convicted by a federal court in Brazil for corruption, money laundering and participation in a criminal organisation.
NEW YORK (Reuters Breakingviews) - T-Mobile US and Sprint seem to have managed to end their dance with each other, and with regulators, without a fall. Masayoshi Son’s SoftBank Group, which controls Sprint, is taking a modest hit to clinch the $120 billion merger with