U.S. stock index futures were flat on Monday after Wall Street's rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.
The death toll from the epidemic has now surpassed that of Severe Acute Respiratory Syndrome from 2002-2003 and the World Health Organization said the number of cases outside China could be just"the tip of the iceberg".Apple Inc slipped 0.9per cent in premarket trading as its supplier Foxconn struggled to fully resume its factories in China.
On the other hand, electric carmaker Tesla Inc jumped 9.2per cent as its Shanghai factory returned to service with assistance to help it cope with the spreading epidemic after an extended Lunar New Year holiday. This week, a slew of earnings reports from consumer discretionary companies and U.S. retail sales data could help investors determine to what extent the coronavirus is hitting consumer demand.
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Malaysia: Shares close lower on MondayMalaysia: Shares close lower on Monday.
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Coronavirus: Head of WHO-led outbreak probe team leaving for China on Monday or TuesdayGENEVA (REUTERS) - The head of a World Health Organisation-led international team investigating the coronavirus outbreak will leave for China on Monday or Tuesday, WHO chief Tedros Adhanom Ghebreyesus said.. Read more at straitstimes.com. WHO is such a shame to the world.They should send a team to investigate and prevent the epidemic once they know about it.That is almost 2 months ago.But instead they finally send a team now, after we already have a global outbreak? Such a disgrace, a group hide&cheat for China Looks like WHO is hand in hand with Xi , covering up an epidemic which broke loose in December & inspire of Dr Li death WHO chief still meddling , I think WHO Chief should be held responsible for joining hands with china for this cover-up As long as this guy is talking....who trusts WHO?
Source: The Straits Times - 🏆 8. / 63 Read more »
WHO-led coronavirus probe team leaving for China on Monday or TuesdayGENEVA: A World Health Organization-led international team investigating the coronavirus outbreak will leave for China on Monday or Tuesday, WHO ... WHO better ask CCP count the cases carefully and report number of deaths truthfully please.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Briton who caught coronavirus and returned on easyJet flight feared to be ‘super spreader’ linked to seven casesA British man who caught the coronavirus in Singapore is feared to be a ‘super spreader’ who is linked to seven other confirmed cases in the UK, France, and Spain. The whole Hyatt chain seems to be very potent and infectious strain
Source: YahooSG - 🏆 3. / 71 Read more »
Singapore Airlines, SilkAir suspend some flights to China over coronavirus outbreakSINGAPORE: Singapore Airlines (SIA) and its regional wing SilkAir will suspend some flights to China after fears over the novel coronavirus ... Iirc, capacity was reduced a few weeks ago Seems to be a delayed posting, the story is from a week ago. How about Taiwan?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak: SourcesBEIJING (REUTERS) - More than 300 Chinese firms including Meituan Dianping, China's largest food delivery company, and smartphone maker Xiaomi Corp are seeking bank loans totalling at least 57.4 billion yuan (S$11.41 billion) to soften the impact of the coronavirus, two banking sources said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »