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.
(RTTNews) - The China stock market has finished higher in four straight sessions, rising more than 130 points or 4.5 percent along the way. The Shanghai Composite Index now rests just above the 2,875-point plateau although it may run out of steam on Monday.
(RTTNews) - The South Korea stock market on Friday snapped the three-day winning streak in which it had collected almost 110 points or 5.3 percent. The KOSPI now rests just above the 2,210-point plateau and it may take further damage on Monday.
Netgear (NASDAQ: NTGR) released weaker-than-expected fourth-quarter 2019 results late Wednesday, leaving shares down more than 4% in response as investors absorbed the news Thursday.
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Sherwin-Williams is expected to declare a 19% quarterly dividend increase while Humana may boost its dividend by 9%, according to IHS Markit, a data analytics firm.