Nasdaq News

(RTTNews) - Exor (EXOSF.PK), which controls Fiat Chrysler, confirmed Sunday that it is in exclusive talks to sell reinsurer PartnerRe to France's Covéa. The deal could reportedly value PartnerRe at about $9 billion.

Taiwan's Foxconn has received approval to resume production at a plant in the northern Chinese city of Zhengzhou that had been shuttered due to a coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday.

Round-up of South Korean financial markets. South Korean shares fell on Monday as investors worried about the rising death toll in China from the coronavirus outbreak and the economic fallout from it. The won and the benchmark bond yield fell.

China's factory-gate prices snapped six months of year-on-year declines in January, although prolonged business closures from the coronavirus outbreak mean positive momentum is unlikely to persist.

Kia Motors is suspending production at its three car plants in South Korea due to a shortage of auto parts, a company official said on Monday.

Malaysia's economy is expected to expand by 4.5% this year, Prime Minister Mahathir Mohamad said on Monday, down from the government's initial estimate of 4.8%.

(RTTNews) - The Indonesia stock market has finished higher in four straight sessions, climbing almost 110 points or 1.9 percent along the way. The Jakarta Composite Index now rests just beneath the 6,000-point plateau although investors are likely to cash in on Monday.

(RTTNews) - The Japanese stock market is losing on Monday following the weak cues from Wall Street Friday and on concerns about the global economic impact of the coronavirus as China's death toll from the coronavirus outbreak has exceeded the global total from the SARS epidemic.

(RTTNews) - Valeritas Holdings Inc. (VLRX) and its subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The following table shows rates for Asian currencies against the dollar at 0149 GMT.

Gold prices edged up on Monday as rising concerns over the new coronavirus and its impact on global growth outweighed encouraging U.S. economic data and drove purchases of the metal.

Taiwan's air force scrambled on Sunday to intercept Chinese jets that flew around the island claimed by Beijing as its own, in a move denounced by Taiwan's Defence Ministry as a threat to regional peace and stability.

Oil prices on Monday extended their decline from an early January peak above $70 as the spectre of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world's largest oil importer.

Taiwan's Foxconn has received Chinese government approval to resume production at a key plant in the northern China city of Zhengzhou, a source with direct knowledge of the situation told Reuters on Monday.

(RTTNews) - The Australian stock market is extending losses on Monday from the previous session following the negative cues from Wall Street Friday and as China's death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic.

Australian electronics retailer JB Hi-Fi Ltd bucked broader gloomy sales conditions to report a higher first-half profit on Monday and raised its annual earnings forecast, sending shares to a record high.

(RTTNews) - The Hong Kong stock market on Friday halted the four-day winning streak in which it had collected more than 1,175 points or 4.48 percent. The Hang Seng Index now rests just above the 27,400-point plateau and it's looking at another soft start again on Monday.

Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.

Supporters of Salvadoran President Nayib Bukele gathered on Sunday to press lawmakers to approve a $109 million loan Bukele wants to bolster his plan to better equip police and soldiers in the fight against crime.

The dollar held gains on Monday after job market data provided the latest sign of U.S. economic strength, while worries about the coronavirus epidemic kept other trade-exposed currencies subdued.