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Stocks in Asia-Pacific edge higher as investors watch for coronavirus developments

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Stocks in Australia edge higher as Victoria state eases coronavirus restrictions

On the economic data front, Singapore's economy contracted 5.8% in the third quarter, according to a Monday press release by the country's Ministry of Trade and Industry. It came in better that

that showed the Southeast Asian economy would contract by 7% in the third quarter on a year-on-year basis.Developments surrounding the coronavirus will likely continue to weigh on investor sentiment. South Korea is set to impose stricter distancing regulations for the greater Seoul area and southwestern region in an attempt to stem a resurgence of the coronavirus,

 

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