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Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

Asian Shares Ease Off Three-Week Highs as Virus Fears Return

Asian shares stepped back from three-week highs on Monday as investors weighed the near-term hit on global growth from a fast-spreading coronavirus outbreak in China, although expectations of further policy stimulus helped stem losses. Trading is expected to be light as U.S. stocks and bond markets will be shut on Monday for a public holiday. MSCI™s broadest index of Asia-Pacific shares outside Japan dipped 0.1% to 555.50, easing further from last week™s top of 558.30, which was the...

Oil rises as markets wait on virus impact, US stocks fall
Wednesday, 29 January 2020 20:12 WIB | ENERGY |Minyak WTI

Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.

Brent crude rose 66 cents, or 1.1%, to $60.17 a barrel by 0951 GMT. U.S. crude was up 62 cents, or 1.2%, at $54.10 a barrel.

Financial markets that have been hit by the spread of the virus out of China are trying to assess the economic fallout, with the death toll rising to 132 and airlines reducing flights to China.

Gasoline stocks were up by 3.3 million barrels, compared with forecasts in a Reuters poll of a 1.3 million-barrel gain.

Distillate fuel inventories, which include diesel and heating oil, fell by 141,000 barrels, against expectations of a 1 million barrel drop.

Official figures on oil and products are due out from the Energy Information Administration later on Wednesday.

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POPULAR NEWS
Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

Asian Shares Ease Off Three-Week Highs as Virus Fears Return

Asian shares stepped back from three-week highs on Monday as investors weighed the near-term hit on global growth from a fast-spreading coronavirus outbreak in China, although expectations of further policy stimulus helped stem losses. Trading is expected to be light as U.S. stocks and bond markets will be shut on Monday for a public holiday. MSCI™s broadest index of Asia-Pacific shares outside Japan dipped 0.1% to 555.50, easing further from last week™s top of 558.30, which was the...

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