SYDNEY - Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as some stocks involved in preventative health spiked.
After the United States and Canada warned against travel to China where the new coronavirus is thought to have originated, Australian stocks resumed trading sharply lower after a public holiday the previous day. The benchmark S&P/ASX 200 index fell 1.4% weighed by stocks exposed to the illness that has killed more than 100 people and infected more than 2,700.
“We don’t know how long it will go,” said Peter Costello, chairman of Australia’s $115 billion sovereign wealth fund, the Future Fund, in a media briefing to coincide with a regular portfolio update.
During the time of Lunar New Year, the Spring festival of China, a deadly outbreak of the coronavirus has emerged in the city of Wuhan. The question then arises,'What is the coronavirus? How dangerous is it?.' Facts Coronavirus Health Epidemic
HK the Philipino maid who took a video of a young man dropped off HK police building was sent home. Getting rid of a key witness in a suspect case. Please investigate, follow up & verify the news. Pls help, give justice to dead.
Infection to America StockMarkets as well 🇺🇸🦠🦇🐀😷
Superb epidemiology-financial puncraft
Check this Out! Summary of the Novel CoronaVirus Conspiracy
A mysterious shipment was caught smuggling Coronavirus from Canada. It was traced to Chinese agents Canadian lab. The agent where linked to Chinese Biological Warfare Program from where the virus is suspected to have leaked causing the Wuhan outbreak.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »