[ad_1] (Reuters) – Gold prices rose 1% to their highest in seven years on Friday and were set for their strongest week in more than six months as demand for the safe-haven asset increased after
Nissan, Honda delay restart of some China plants due to coronavirus
[ad_1] TOKYO (Reuters) – Japanese automakers delayed on Friday the restart of plants in China near the epicentre of a coronavirus outbreak, complying with authorities’ directives, but raising the risk of further supply disruptions that
Global stocks head for worst week in four as coronavirus spreads
[ad_1] LONDON/SYDNEY (Reuters) – Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases
China’s Geely starts online auto sales as virus epidemic keeps buyers at home
[ad_1] FILE PHOTO: A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song/File Photo Beijing – Chinese automaker Geely GEELY.UL has launched a service for
Vietnam reports supply chain issues from virus, says may hit Samsung output
[ad_1] HANOI (Reuters) – Vietnam’s manufacturing sector is suffering supply chain problems caused by the coronavirus epidemic, which may delay production of Samsung Electronics’ new phones, the Ministry of Industry and Trade told Reuters on
China sees only short-term virus impact on Southeast Asia economies
[ad_1] JAKARTA (Reuters) – A senior Chinese diplomat on Friday sought to ease concerns about the economic impact on Southeast Asian countries from the coronavirus outbreak, including delays in infrastructure projects that are part of
Oil falls 1% as spreading virus compounds concerns over demand hit
[ad_1] TOKYO (Reuters) – Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in
Gold gains as virus spreads, set for best week in over six months
[ad_1] (Reuters) – Gold prices hit their highest in seven years on Friday and were set to post their best week in over six months as demand for the safe-haven asset increased after a spike
Oil prices rise as U.S. crude stocks build less than expected
[ad_1] (Reuters) – Oil prices were up slightly on Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude stocks, but gains were capped by worries about the spread of Coronavirus outside China.
T-Mobile, Sprint amend merger terms, SoftBank takes a hit
[ad_1] (Reuters) – T-Mobile US (TMUS.O) and Sprint Corp (S.N) said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer