BANGKOK: Global stock markets rose on Friday (Jan 24) after the outbreak of a new virus in China that that has killed 26 people and led to transport limits in several cities was not declared a global emergency. A survey of manufacturing activity in the eurozone reported Friday suggested demand is stabilizing despite weakness in some regions. The World Health Organisation decided Ton Friday against declaring the viral outbreak in China a global emergency for now. Fears of such a possibility have weighed on global markets this week, driving up demand for US government bonds and safe-play stocks. Market "traders are weighing the anticipated China growth fallout against the backdrop of the current global growth recovery.

Source: The Star January 24, 2020 14:15 UTC