For Asia Business report home asian markets are choppy as they go to the second emergency rate cut in two weeks. The coronavirus out bake battling the global economy. And with chinas economy severely hit, could india become the factory of the world . Good morning and welcome to Asia Business report live from singapore with me, mariko oi. Asian markets have been so volatile of the back of that second emergency rate cut by the Us Federal Reserve in two weeks. Lets show you how japans mckay is trading at the moment. Its up by 0. 5 , basically because investors are expecting some kind of announcement from the bank ofjapan which moves its monetary meeting forward to today. We will continue monitoring how the decay is going to perform today. While australias asx 200, down by more than 7 . That came up 200, down by more than 7 . That came up back of the fed cutting borrowing by new zero. The fed and other big Central Banks also announced that they would co ordinate its liquidity, hoping to cu
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