* Next debt maturity not until Oct. 2021, no covenants
(Adds executive comments, information on debt)
Insurer AIA Group Ltd posted its weakest pace of annual growth in new business since its 2010 listing as anti-government protests in Hong Kong dampened demand from Chinese visitors, and it warned of further headwinds from the coronavirus outbreak.
March 10 Australian stocks plunged into bear
market territory on Tuesday, as rising economic risks from the
fast-spreading coronavirus and a recent plunge in oil prices
clouded the global economic outlook.
SYDNEY/BENGALURU Air New Zealand on Monday withdrew its full-year earnings guidance, froze hiring, offered unpaid leave to staff and said it would cut more capacity because of increased uncertainty over the duration and scale of the coronavirus outbreak.
March 9 Australian shares were hammered on
Monday as investors scurried for safe havens on mounting fears
of a deeper economic fallout from the rapidly spreading
coronavirus outbreak, and oil prices dived more than 20%.
March 6 Australian shares fell about 2% on
Friday, tracking a sell-off on Wall Street as concerns over the
rapid spread of coronavirus outbreak outside China overshadowed
optimism over support from various stimulus measures worldwide.
March 5 Australian shares rose sharply on
Thursday, tracking Wall Street after Joe Biden emerged as the
front runner for the U.S. Democratic presidential nomination
with a strong showing in the "Super Tuesday" primary contests.
* Own-brand infant nutrition product sales in China double
(Adds analyst comment, background)
Feb 27 Australian shares struggled for momentum
on Thursday as mounting worries over the global economic impact
of a rapidly spreading coronavirus dented risk appetite.
MELBOURNE/BENGALURU Takeover target Caltex Australia said it was talking to other suitors and named a stand-in chief executive on Tuesday, as it tries to wring best value from rival bidders Canada's Alimentation Couche-Tard Inc and Britain's EG Group.