TOKYO - Asian stocks sank again on Tuesday as concern over the economic and human impact of China's deadly coronavirus rattled global markets. Treasury yields and the yuan steadied after Monday's declines.
In Japan, the Nikkei 225 shed 0.81 per cent in early trade as shares of index heavyweight and robot maker Fanuc dropped 1.6 per cent. The Topix index also slipped 0.92 per cent. US stock futures edged higher after the S&P 500 Index fell the most in almost four months, with chipmakers, cruise lines and casino operators among the hardest hit as investors fled companies with close links to China. A gauge of US equity volatility surged above its one-year average. The yen held overnight gains.
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Source: The Straits Times - 🏆 8. / 63 Read more »