Bloomberg The Bank of Korea (BOK) said on Wednesday it will seek to monitor and stabilise markets, stopping short of following the Federal Reserve in easing policy to respond to the coronavirus epidemic. The BOK said it would consider changes in the policy environment, including the Fed’s 0.5% rate cut and a joint statement from Group of Seven finance chiefs …

Bloomberg Cracks are starting to appear in rupee’s defences with new coronavirus cases being reported in India. The rupee slid as much as 0.4% to 73.6 per dollar on Wednesday to become the worst performing Asian currency. India has so far reported 28 positive cases, which includes 15 Italian tourists. The currency had stayed relatively stable earlier in the absence …

Bloomberg Thailand’s top provider of jet refueling services said its goal of greener business operations will help cushion the blow from the coronavirus outbreak, which is hurting demand by stalling tourism. The firm, Bangkok Aviation Fuel Services, is building a 586-kilometrepipeline from central to northern Thailand to transport oil products for automobiles and industry. The connection is expected to be …