Japan's Nikkei 225 index recovered from early losses, gaining 1% to 21,345.54 after the Bank of Japan promised to step in to support the economy. The Shanghai Composite index rose 3.1% to 2,969.57. Shares fell in Australia, where the S&P ASX/200 lost 0.8% to 6,391.50 and in Taiwan, which fell 1.1%. The benchmark index is still up 6.1% over the past 12 months, not including dividends. The latest data show China’s manufacturing plunged in February as anti-virus controls shut down much of the world’s second-largest economy.

Source: The Star March 02, 2020 09:00 UTC