BOJ Kuroda says to consider more easing if virus impact becomes big: Sankei
Bank of Japan Governor Haruhiko Kuroda said the central bank would consider additional easing steps without hesitation if the coronavirus outbreak significantly threatened Japan’s economy and price trends, the Sankei newspaper reported on Monday.
Climate change could make premiums unaffordable: QBE Insurance
Australia’s QBE Insurance Group said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a “material risk” for its operations across the globe.
UK digital bank Monzo plans to hire 500 and relaunch paid accounts
Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit.
Japan ready to take steps vs virus impact on tourism: Economy Minister
Japanese Economy Minister Yasutoshi Nishimura said on Monday the government was ready to take all necessary steps flexibly with an eye on the impact of the coronavirus outbreak on the economy and tourism.
General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall
General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.
Timeline: General Motors streamlines its international operations
General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand.
General Motors to wind down Australia, New Zealand operations, sell Thailand plant
General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.
Asian shares hover around three-week highs on Chinese support measures
Asian shares reversed earlier losses on Monday and moved back toward a three-week top as Chinese efforts to cushion the blow from a coronavirus outbreak cheered investors, although Japanese stocks faltered amid growing recession risks.
Great Wall says to buy GM’s Thailand car plant
China’s Great Wall Motor said on Monday it had signed a binding agreement to purchase a car plant from General Motors in Thailand.
Oil prices slip ahead of data pointers on impact of coronavirus on demand
Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China’s coronavirus epidemic has affected oil demand.
