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Australian passenger train derails outside Melbourne, people feared trapped in wreckage

2 days ago NAMEX Comments Off on Australian passenger train derails outside Melbourne, people feared trapped in wreckage
A Sydney-Melbourne passenger train with 160 people on board has derailed near the town of Wallan. Emergency services are on the scene and a triage unit has been set up at a nearby gas station to treat the injured. The train derailed near Wallan, about 47km north of Melbourne, at about 7:50pm local time. There Read More

China reports drop in coronavirus cases; scientists warn virus may spread easily

2 days ago NAMEX Comments Off on China reports drop in coronavirus cases; scientists warn virus may spread easily
TOKYO/BEIJING (Reuters) – China reported a dramatic drop in new cases in the province at the heart of the coronavirus outbreak, while scientists reported the new virus may spread even more easily than previously believed. China’s central Hubei province had 349 new confirmed cases on Wednesday, down from 1,693 a day earlier and lowest since Read More

UPDATE 1-Foreign pilots at Chinese airlines return home on unpaid leave as demand plummets

3 days ago NAMEX Comments Off on UPDATE 1-Foreign pilots at Chinese airlines return home on unpaid leave as demand plummets
BEIJING/SYDNEY (Reuters) – Foreign pilots at some Chinese airlines have returned to their home countries and are considering other jobs after being placed on unpaid leave as demand falls because of the coronavirus, affected flight crew told Reuters. FILE PHOTO: A China Southern Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, Read More

Virus-hit cruise liner passengers start disembarking in Japan after controversial quarantine

3 days ago NAMEX Comments Off on Virus-hit cruise liner passengers start disembarking in Japan after controversial quarantine
TOKYO (Reuters) – Passengers on the virus-hit cruise ship moored near Tokyo began disembarking on Wednesday, television footage showed, after a controversial two-week quarantine that saw more than 500 people infected with the new coronavirus originating in China. A police officer escorts a passenger away from the media as she walks out from the cruise Read More

Quarantined passengers disembark ship in Japan; new China coronavirus cases fall

3 days ago NAMEX Comments Off on Quarantined passengers disembark ship in Japan; new China coronavirus cases fall
BEIJING/TOKYO (Reuters) – Hundreds of people began disembarking a quarantined cruise ship off Japan on Wednesday as the death toll from the new coronavirus in mainland China passed 2,000 and the number of new cases in the country fell for a second straight day. A member of the media approaches a passenger after he walked Read More

Asia stocks rise on lull in virus worry, euro still weak

3 days ago NAMEX Comments Off on Asia stocks rise on lull in virus worry, euro still weak
TOKYO (Reuters) – Asian shares and U.S. stock futures rose on Wednesday, as investors tried to shake off worries about the coronavirus epidemic after a slight decline in the number of new cases. FILE PHOTO: An investor looks at his mobile phone in front of a board showing stock information at a brokerage office in Read More

UPDATE 3-Australia’s Wesfarmers H1 profit up, reports more staff underpayment

3 days ago NAMEX Comments Off on UPDATE 3-Australia’s Wesfarmers H1 profit up, reports more staff underpayment
SYDNEY (Reuters) – Australia’s Wesfarmers Ltd (WES.AX) defied broader retail headwinds to post a 5.7% rise in first-half profit on Wednesday, helped by demand in its hardware retail business, sending its shares up nearly 4% to a record high. The retail-to-chemicals conglomerate said it was assessing the impact from the coronavirus outbreak but its businesses Read More

Asian shares nudge up as virus spread slows, euro fragile

4 days ago NAMEX Comments Off on Asian shares nudge up as virus spread slows, euro fragile
TOKYO (Reuters) – Asian shares and U.S. stock futures edged cautiously higher on Wednesday, as investors tried to shake off worries about the coronavirus epidemic after a slight decline in the number of new cases. FILE PHOTO: An investor looks at his mobile phone in front of a board showing stock information at a brokerage Read More

GLOBAL MARKETS-Asian shares inch higher, euro teeters on weak economic outlook

4 days ago NAMEX Comments Off on GLOBAL MARKETS-Asian shares inch higher, euro teeters on weak economic outlook
TOKYO (Reuters) – Asian shares and U.S. stock futures edged cautiously higher on Wednesday as investors tried to shake off worries about the coronavirus epidemic following a slight decline in the number of new cases. FILE PHOTO: An investor looks at his mobile phone in front of a board showing stock information at a brokerage Read More

Asian shares inch higher, euro teeters on weak economic outlook

4 days ago NAMEX Comments Off on Asian shares inch higher, euro teeters on weak economic outlook
TOKYO (Reuters) – Asian shares and U.S. stock futures edged cautiously higher on Wednesday as investors tried to shake off worries about the coronavirus epidemic following a slight decline in the number of new cases. FILE PHOTO: An investor looks at his mobile phone in front of a board showing stock information at a brokerage Read More