The MSCI Emerging Markets Index .MSCIEF, which measures stock performance, has rebounded 4% from its early February low, though it remains down on the year. Another index measuring emerging markets currency performance .MIEM00000CUS was still sharply lower, reflecting the slide in a range of currencies from Asia to Latin America.
(Reuters) – The women’s World Cup alpine skiing races at La Thuile in Italy’s Aosta valley are to go ahead as planned, but with a limited number of spectators, because the area has not been affected by the coronavirus outbreak, organizers said on Wednesday.
SYDNEY (Reuters) – Australia will close schools and cancel sporting events in the event of an uncontained coronavirus outbreak, Minister for Health Greg Hunt said on Wednesday, as the government accelerates plans to cope with a possible pandemic.
ROME (Reuters) – It is not yet clear whether Euro 2020 will be affected by the coronavirus outbreak which has struck Italy, one of the 12 host countries, a vice-president of European soccer body UEFA said on Tuesday.
A woman wearing a mask to prevent the coronavirus uses her mobile phone at a shopping district in Seoul, South Korea, February 24, 2020. REUTERS/Kim Hong-Ji
Half of Samsung’s smartphones are now made in Vietnam, where the coronavirus that has crippled the China operations of Apple and many other firms has so far had only a limited impact on its production.
The 19-country euro zone has for years stuck to a broadly neutral fiscal policy in its annual recommendations, despite repeated calls from the European Central Bank and slow-growth states for it to invest more.
Severe travel restrictions as a result of a coronavirus outbreak in China, which has caused about 1,770 deaths across mainland China, have led to a steep rise in flight cancellations.
FILE PHOTO: The Adidas logo is pictured during celebrations for German sports apparel maker Adidas’ 70th anniversary at the company’s headquarters in Herzogenaurach, Germany, August 9, 2019. REUTERS/Andreas Gebert/File Photo
FILE PHOTO: Workers wearing face masks load cargo to a truck next to containers at a railway cargo terminal, as the country is hit by an outbreak of the novel coronavirus, in Yinchuan, Ningxia Hui Autonomous Region, China February 17, 2020. Picture taken February 17, 2020. cnsphoto via REUTERS
FILE PHOTO: Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, gestures next to CFO Harald Wilhelm and Martin Daum, head of Daimler Trucks and Buses, during the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert/File Photo
Residents sanitize at a church in Seoul, South Korea, February 22, 2020. Yonhap via REUTERS