The new coronavirus strain, first discovered in the central city of Wuhan, has caused alarm because of its connection to Severe Acute Respiratory Syndrome (SARS), which killed nearly 650 people across mainland China and Hong Kong in 2002-2003. More
Kuroda called the coronavirus outbreak the "biggest uncertainty" for the domestic economy and flagged "additional easing steps without hesitation" if the economic risks from the virus heightened, Sankei said.
Brent crude was at $57.27 a barrel, down 5 cents by 0541 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.
Spot gold was little changed at $1,582.83 per ounce as of 0453 GMT, having touched its highest since Feb. 3 at $1,584.65 on Friday. U.S. gold futures were steady at $1,585.90.
Analysts say the widening fallout from the epidemic, which is damaging output and tourism, could undermine growth in the current quarter and push Japan into recession - defined as two straight quarters of decline.
Outside mainland China, there have been about 780 infections reported in nearly 30 locations. Taiwan, the Philippines, Hong Kong and Japan have each reported one fatality, while France on Saturday announced the first death outside Asia, an elderly Chinese tourist.
The monthly poll, which tracks the Bank of Japan's key tankan quarterly survey, found business confidence across the sectors remained weak over the next three months, as the coronavirus added to uncertainty over the global outlook and the October national sales tax hike.
Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.
The latest figures were around 100 higher than those on February 16, but the number still sharply down on those from February 14-15
The death toll from China's coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.
The death toll from China's coronavirus (COVID-19) epidemic has climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.
"There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space," the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women's Forum in Dubai.
A total of 138 Indians, including 132 crew and 6 passengers, were among the 3,711 people on board the ship, Diamond Princess, that arrived at the Japanese coast earlier this month.
India has so far reported three confirmed cases of the virus, all in Kerala.
The death toll from COVID-19 outbreak in China has climbed to 1,665 after 142 more people died, mostly in the worst-hit Hubei province, officials said on Sunday.
The total confirmed cases climbed to around 68,500, as top World Health Organisation experts scramble to assist Beijing to contain spread of the virus
Pyongyang has said nothing about cases in the North, but it has stopped international tourism and extended the quarantine period to 30 days for those suspected of carrying the virus, including foreigners.
Experts have been asking people to frequently wash hands and face besides wearing masks as basic measure to prevent its spread.
The virus, which has infected more than 66,000 people in China and spread to more than two dozen other countries, has sparked a rush to disinfect public places and minimise contact between people.
S&P retained India’s rating with a stable outlook and expects a gradual recovery in the economy with GDP growth reaching 7 percent in two years.
The health and family welfare department has opened a control room which is functioning round the clock.
Moneycontrol's Shraddha Sharma gets in conversation with M Saraswathy to find out if your medical bills in case of a COVID-19 infection will be taken care of by your insurer or not.
Earlier, only passengers arriving from Thailand, Singapore, China and Hong Kong were being screened.
IndiGo and Air India have already suspended all their flights between India and China.
An important supplier of generic drugs to the world, Indian companies procure almost 70% of the active pharmaceutical ingredients (APIs) for their medicines from China.
Vietnam has asked India to reduce trade barriers on its exports, such as black pepper and cashew nuts, the Ministry of Industry and Trade said on Friday.