Japanese shares staged a mild
rebound in choppy trading on Monday as investors pinned their
hopes on a coordinated monetary policy response from major
central banks to offset the hit to the global economy from a
Senior officials in
President Donald Trump's administration on Sunday tried to calm
market panic that the coronavirus could cause a global
recession, saying the U.S. public had over-reacted and that
stocks would rebound due to the American economy's underlying
Australia's housing market ran
red-hot last month as prices in no fewer than five cities
reached record highs, a positive for consumer wealth and
confidence in the face of the spreading coronavirus crisis.
British hedge fund billionaire
Chris Hohn has launched a campaign to persuade central banks to
starve hundreds of planned coal-fired power plants around the
world of finance, aiming to block the projects before they can
pose a threat to the climate.
Shares in Hainan
Airlines, the flagship carrier of HNA Group
, opened 5.6% higher on Monday after the Chinese
conglomerate said it had asked the government to help it resolve
liquidity risks caused by the coronavirus outbreak.