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 closes lower, tech stocks buoyed by Oracle update
Markets Market Close

NZ sharemarket closes lower, tech stocks buoyed by Oracle update

The S&P/NZX 50 Index closed down 0.35% or 47.09 points.

Tom Raynel 11 Sep 2025
Average home insurance tops $2,000
Infrastructure Risky Business

Average home insurance tops $2,000

Insurance premiums in New Zealand have increased dramatically in recent years.

Michael Neilson 11 Sep 2025
How RFK Jnr's Medicare reform could aid this NZ firm
Markets

How RFK Jnr's Medicare reform could aid this NZ firm

'Wild west' conditions hampered its US push. They could be changing.