Most Southeast Asian stock markets gave
up early gains to end lower on Wednesday, as fears over the
economic damage from the coronavirus contagion overshadowed
stimulus measures from major central banks.
Markets across the region struggled to hold on to gains as a
rising number o
Oman's central bank is preparing
to provide some 8 billion Omani rial ($20.8 billion) in extra
liquidity to banks as one of several measures aimed at
supporting the economy, state TV reported, as coronavirus fears
escalate in the Gulf region.
India's government and
central bank are considering giving relief to banks, aviation
and other hospitality sectors hit by the coronavirus outbreak by
relaxing bad loan classification rules, a source familiar with
the matter said.