Jump in coronavirus cases yanks rally into reverse

LONDON (Reuters) – A sharp rise in the number of coronavirus deaths and infections unnerved world markets on Thursday, as traders halted the rally in stocks and retreated to the safety of government bonds and gold. China’s Hubei province, where the virus is believed to have originated, reported 242 new deaths, double the previous day’s toll and the fastest rise […]

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Hong Kong Fund Manager’s Quant Model Sees Virus Peaking in March

The coronavirus outbreak is on track to peak in early March, according to a quantitative analysis by Hong Kong-based investment firm Gavekal Research Ltd. Fund manager Didier Darcet, who has a background in mathematical modeling for financial markets, suggested investors focus on the rate of acceleration of the spread of the virus, in a note Wednesday. The number of new […]

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Stocks, commodities firmer as China works to cool virus worries

LONDON (Reuters) – World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves and both Europe and metals scoring their best day of the year so far. Though sentiment remained fragile with the virus still spreading and oil slumped near 13-month lows, dealers seemed to have rationalised the worst […]

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Investors brace for ugly start to post-holiday trade in China

SHANGHAI/SINGAPORE (Reuters) – Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus. Looking to head off a panic, China’s central bank plans to inject 1.2 trillion yuan […]

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Stocks tick up as China virus worries abate; oil drops

NEW YORK (Reuters) – World stock markets bounced back on Wednesday, as swift updates from China about the spread of a new flu-like virus raised hopes the outbreak would be contained, while oil prices tumbled as a market surplus forecast outweighed supply concerns. Worries about contagion of the virus and its effect on the global economy, particularly as millions travel […]

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Stocks shake off China virus worries, dollar gains

LONDON (Reuters) – World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained. Worries about contagion, particularly as millions travel for upcoming Lunar New Year festivities, have knocked the world’s top equity markets off record peaks. The outbreak […]

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Daimler upbeat on sales prospects in China: executive

STUTTGART (Reuters) – Daimler (DAIGn.DE) is very positive about the prospects for selling luxury cars in China next year, the company’s China boss Hubertus Troska said on Friday. “It is going very well. China is a growth market for us. I am very positive for 2020, the demand for premium cars is super,” Troska said. Daimler has built more than […]

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Hong Kong protest movement leader speaks out against Chinese: 'Our freedoms are being quashed'

Leader of Hong Kong protest movement: Why mass protests against China turned violent CELEBRATING ONE YEAR OF FOX NATION — FOR A LIMITED TIME, SIGN UP AND GET 35% OFF WITH PROMO CODE: CELEBRATE On Fox Nation's "Deep Dive," Wall Street Journal editorial board member Bill McGurn spoke with one of the young leaders of the pro-democracy movement in Hong Kong, who explained how his […]

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Campus under siege as Hong Kong police battle protesters

Beijing will rely on Hong Kong police to suppress resistance: Jimmy Lai Next Digital Founder and Hong Kong democracy advocate Jimmy Lai discusses the escalation of violence in Hong Kong as police clash with protesters at a university in the city and Hong Kong’s upcoming elections. HONG KONG — Police tightened their siege of a university campus where hundreds of […]

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Varney: Hong Kong's 'dynamic' society has been turned on its head

Varney: I’m inspired by Hong Kong demonstrators ‘fighting for freedom’ FOX Business’ Stuart Varney on violence in Hong Kong. FOX Business’ Stuart Varney on Monday weighed in on Hong Kong protests during his latest "My Take." He believes Hong Kong’s once “dynamic” society has been turned on its head. Continue Reading Below “Hong Kong is the place I got my start in […]

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