- Budweiser Brewing APAC posts profit attributable to shareholders US$898 million in 2019
- S&P 500 in US falls for fifth consecutive session
Good day, traders --
President Donald Trump reassured Americans that he has the coronavirus under control, saying the US stock market will recover because the economy is very strong.
Trump said part of the "hit" to US markets also has to do with concerns about the Democratic presidential field, and predicted US markets will "boom" if he is re-elected to a second term.
Trump's remarks came as global markets -- from New York to Tokyo, Shanghai and Hong Kong -- have seen losses on concerns the coronavirus is spreading beyond mainland China.
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*-- Kathleen Magramo and Deb Price in Hong Kong *
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