Asia stocks extend global rout as virus fears grow

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Coronavirus: Asian stocks extend global markets rout

Friday's falls follow steep losses in the US and Europe on Thursday, with benchmark indexes on Wall Street and in the City of London seeing their steepest daily falls since so-called Black Monday in 1987. In France and Germany, indexes lost more than 12%.

The announcement, which came after European markets had closed, briefly sent shares higher, but they dropped back by the end of the day.

 

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