Investing.com – Asian markets were mixed on Monday morning, with Japan’s Nikkei 225 underperforming its regional peers after data showed the country’s economy shrank at the fastest pace in six years.
During 2019, QBE’s net Australia-Pacific cost of catastrophe claims jumped to $193 million from $106 million the year before, led by unprecedented floods in Australia’s north east coast and horrendous bushfires across the country’s south east.
Trains carrying 20 or more cars with dangerous goods will be limited to 35 miles per hour (56 kph) in metropolitan areas and to 40 mph outside metropolitan areas with no track signals, Federal Transport Minister Marc Garneau said https://www.canada.ca/en/transport-canada/news/2020/02/minister-of-transport-updates-ministerial-order-to-reduce-the-risks-of-derailment-of-trains-transporting-dangerous-goods.html in a statement.
The outbreak has slammed the brakes on travel and tourism, just as data released on Monday shows an Abe-backed tax hike battered the economy in the last quarter of 2019, which contracted by the most in more than five years. The fresh recession concerns are casting doubt on the stability that helped Abe become the country’s longest-serving premier in November.