News

The dollar rose on Tuesday to its highest in nearly three years against the euro, which was pressured by a German survey showing slumping investor confidence in Europe’s largest economy.

Treasury yields fell on Tuesday as investors monitored the potential economic impact of China’s coronavirus outbreak.

Gold surged over 1% on Tuesday to fetch more than $1,600 an ounce as Apple Inc’s surprise warning about the impact of the coronavirus outbreak fueled concerns about global economic weakness, driving investors to lower-risk assets.

Oil prices were little changed on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support the market.

The Dow Jones Industrial Average fell for a third consecutive day on Tuesday as investors weighed a stark warning from tech giant Apple.

European stocks closed lower on Tuesday after Apple warned it may fall short of revenue forecasts on the back of the coronavirus outbreak, as fears over the potential economic fallout persist.

Asia markets edged up in early trade on Wednesday after tumbling a day before, with investors closely monitoring China’s progress in returning to work as the country deals with the coronavirus outbreak.

All cars providing passenger transportation services via ride-hailing applications will be treated like taxis from the beginning of April, when the pilot project for tech-based cars ends.

Dragon fruit prices in Long An Province have started to increase as more export opportunities become available, Nguyen Quoc Trinh, Chairman of the Long An Dragon Fruit Association, said on Tuesday.