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Global stocks were headed for their worst week since the 2008 financial crisis as Asia-Pacific markets sold off for a seventh day on coronavirus fears with shares in Tokyo following Wall Street into correction territory. Global Stocks The MSCI World index was down 9.4 per cent for the week on Friday, the worst performance since […]
Asian shares fell Wednesday (Feb 26) on growing fears the spread of Covid-19 may be unstoppable, hurting global growth considerably. Asian Shares Japan’s benchmark Nikkei 225 declined 0.8% to finish at 22,426.19. Australia’s S&P/ASX 200 dipped2.3% to 6,708.10. South Korea’s Kospi lost 1.0% to 2,076.77. Hong Kong’s Hang Seng declined 0.8% to 26,674.67. The Shanghai […]
Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy. Asian Shares Japan’s benchmark Nikkei 225 declined 1.1% to 22,357.39. Αustralia’s S&P/ASX 200 dipped 2.1% to 6,720.70. South Korea’s Kospi lost 1.1% at 2,080.46. Hong Kong’s Hang Seng […]
Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous day’s sharp selloff on fears about the spreading coronavirus. European shares recorded their worst one-day loss since June 2016 on Monday as worries about the spread of the new virus […]
Asian Stocks – Shares and currencies across Asia slumped on Monday as the number of coronavirus infections rose sharply in South Korea, Italy and Iran, sending investors scurrying to safe havens such as gold. The World Health Organization said it was worried about the growing number without any clear link to the epicentre of the […]
Asian stocks ere mixed on Friday as concerns lingered over the economic impact of the ongoing coronavirus outbreak. Asian Shares In mainland China, shares jumped on the day. The Shenzhen component was up 1.05% to 11,629.70 while the Shenzhen composite jumped 1.125% to 1,907.35. The Shanghai composite rose 0.31% to about 3,039.67. Stocks in South Korea led […]