Coronavirus fears continue to weigh on sentiment

Coronavirus fears continue to weigh on sentiment
Rebecca Howard
Fears of the Chinese coronavirus are likely to continue to weigh on sentiment across Asia as investors increasingly worry about the economic fall-out.Wall Street’s main indices fell more than 1 percent after news China will extend its Lunar New Year holidays by three days to Feb. 2 in a bid to slow the spread of the virus. China has banned travel and effectively quarantined a number of cities, including Wuhan, the city of 11 million people where the disease is believed to have originated.Around 3,000 people have contracted the disease so far an...

More Markets

NZ sharemarket down 1.13% for the week
Markets Market close

NZ sharemarket down 1.13% for the week

The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.

Graham Skellern 19 Apr 2024
Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Pattrick Smellie 19 Apr 2024
Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Riley Kennedy 19 Apr 2024
Analysts upbeat about Tower's latest guidance
Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year. 

Rebecca Howard 19 Apr 2024