World shares inch up on Chinese support measures

LONDON (Reuters) – Global shares inched higher on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors. Trading is expected to be light, with U.S. stocks and bond markets shut for a public holiday. Both the pan-European STOXX 600 index and Germany’s DAX reached record highs before […]

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EMERGING MARKETS-EM stocks inch up as virus scare raises stimulus hopes

* Stocks set for second straight weekly gains * Regional currencies largely shrug off weak economic data * South African rand firms after Ramaphosa’s speech * Czech crown hits seven-and-a-half-year high * Turkish lira at almost nine-month low By Sagarika Jaisinghani and Pawel Goraj Feb 14 (Reuters) – Emerging market stocks ticked higher on Friday on expectations of further monetary […]

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Asian shares aim for second week of gains amid virus scare

TOKYO (Reuters) – Asian shares inched higher on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic. European shares are expected to rise, with pan-European Euro Stoxx 50 futures STXEc1 up 0.21%, German DAX futures FDXc1 adding 0.3% and FTSE […]

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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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Safe-havens rise on coronavirus concerns, stocks rebound

NEW YORK (Reuters) – Gold rose and the dollar hit a four-month high against the euro on Monday on safe-haven appeal as the death toll from the coronavirus outbreak passed that of the SARS epidemic two decades ago, but Wall Street rallied to record highs. Worries about the coronavirus kept investors on edge, as the World Health Organization warned transmission […]

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EMERGING MARKETS-Stocks falter as coronavirus death toll mounts

* Chinese equities lead weekly declines in Asia * Russian rouble slides before interest rate decision * South African rand falls as business confidence weakens By Sagarika Jaisinghani Feb 7 (Reuters) – Emerging-market stocks slipped on Friday as the mounting death toll from the coronavirus epidemic overshadowed efforts by China to limit the economic fallout of the outbreak, while the […]

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