Gloomy Asian mood likely to persist

Gloomy Asian mood likely to persist
Rebecca Howard
The mood in Asia is likely to remain gloomy as the progress of the coronavirus dominates and after weak earnings from Facebook weighed on Wall Street overnight.Russia has closed its China land border to contain the spread as the number of infections surpasses the total in the 2002-2003 Severe Acute Respiratory Syndrome or SARS epidemic. More than 8,000 people now have the virus and the US reported its first case of person-to-person transmission of the 2019-nCoV acute respiratory disease.The patient, now the sixth confirmed in the US, is the hus...

More Markets

The Warehouse is 'cooked', everyone knows it
Opinion

Simon Robertson: The Warehouse is 'cooked', everyone knows it

Retail is hard because you need to live and breathe it.

NZ stocks end firmly as outlook brightens
Markets Market Close

NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

Jamie Gray 28 Nov 2025
The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Staff reporters 28 Nov 2025
Westpac cops $3.64m penalty for lender responsibility breaches
Finance

Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

Andy Macdonald 28 Nov 2025