Japanese Prime Minister Shinzo Abe declared Tuesday a state of emergency to combat coronavirus infections in major population centers. Singapore also passed a set of laws that bans social gatherings of any size
Futures pointed to a higher open for Japanese stocks, while shares in Australia were set to slip at the open.
Travel restrictions in Wuhan will be removed starting from Wednesday, marking the end of a lockdown that began on Jan. 23. The virus first emerged in the city in late December. Stocks in Asia Pacific were set to trade mixed on Wednesday as countries in the region continue to put measures in place to battle the coronavirus pandemic.
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 19,040 while its counterpart in Osaka was at 18,970. That compared against theAustralian stocks, on the other hand, were poised to slip at the open. The SPI futures contract was last at 5,190, as compared to theDevelopments on the global coronavirus pandemic will likely continue to be the focus of investors.
Elsewhere in the region, however, stricter social distancing measures have been implemented to curb the disease's spread. Japanese Prime Minister
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