Author - Craig Foley

Asian shares rise as Coronavirus infections slow: ASX poised to open higher

12 Feb 2020 - Following fresh highs from US markets, the ASX looks set to open higher this morning. In the US the Fed reported American households added $US193b of debt in the fourth quarter, driven by a surge in mortgage loans. In Asia, Hong Kong shares rose yesterday as coronavirus infections in mainland China slowed. TerraCom (ASX:TER) has released an offer document in relation to the takeover offer for Universal Coal.

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