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 enjoys good week with fourth gain
Markets Market close

NZ sharemarket enjoys good week with fourth gain

The S&P/NZX 50 Index closed at 11,938.08, up 64.04 points or 0.54%.

Graham Skellern 03 May 2024
BHP CEO flies to South Africa to push $65.4 billion takeover
Markets

BHP CEO flies to South Africa to push $65.4 billion takeover

The executives have already begun conversations with key stakeholders.

Bloomberg 03 May 2024
Rakon shareholder wants light shed on $400m bid
Markets

Rakon shareholder wants light shed on $400m bid

US giant Skyworks could be Rakon's new owner. One shareholder wants it to confirm.