A man is seen wearing a protective face mask at Waterloo station in London, Britain, on Mar 6, 2020. LONDON/LOS ANGELES: Business districts around the world began to empty and stock markets tumbled on Friday as the number of coronavirus infections neared 100,000 and the economic damage wrought by the outbreak intensified.
In New York, meanwhile, JPMorgan divided its team between central locations and a secondary site in New Jersey while Goldman Sachs sent some traders to nearby secondary offices in Greenwich, Connecticut and Jersey City. Moves by some major economies including the United States to cut interest rates and pledge billions of dollars to fight the epidemic have done little to allay fears about the spread of the virus and the widening economic fallout.European stocks continued their slide after the Japanese market dropped to a six-month low, with 97 per cent of shares on the Tokyo exchange's main board in the red.
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Source: The Straits Times - 🏆 8. / 63 Read more »