HONG KONG: Asian markets rebounded on Wednesday (Feb 19) as hopes the Covid-19 (coronavirus) outbreak will have only a short-term impact on corporate earnings and economic growth prevailed.
Falls on US and European markets -- after Apple's warning that it would miss its quarterly revenue forecast due to the epidemic -- did not carry over to Asia as investors bet on policymakers doing what is needed to minimise the fallout.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!