Coronavirus Wipes $5 Trillion Off Global Stocks As It Spreads To New Countries

  • 📰 Forbes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Markets across the globe are seeing their worst week since the financial crash in 2008 amid fears that Covid-19 could become a global pandemic.

: Global stock markets have plummeted to their worst week since the 2008 financial crash, with $5 trillion wiped off global stocks as the coronavirus takes hold in new territories and sparks fresh concerns about a global pandemic.

European markets followed suit, with London’s FTSE 100 opening 3.3% down, while Germany’s DAX fell 3.6% and in France, the CAC 40 was down 3.1%. Italy’s FTSE MIB was down 2.3% on Friday. Cases have again spiked in South Korea, with more than 2,300 Covid-19 infections now reported. According to the BBC’s Seoul correspondent, some people are turning to different ways to prevent the spread of germs:four concerts in Seoul in April, where 200,000 fans were due to attend.

Japan’s Hokkaido island declared a state of emergency until March 19, as at least 63 cases and two deaths there. Cases in Hokkaido account for around 25% of cases in Japan.A new case in Nigeria marks the first infection in sub-Saharan Africa, with #coronavirusnigeria trending on Twitter on Friday. New Zealand has also recorded its first case, a person in their sixties who recently returned from Iran.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why couldn’t China have just closed those wet markets? They said they would but they didn’t

Why I think that Jeff Bezos was knowing all this .

My 401k is down to 301k. 😒

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus crash wipes $5 trillion off world stocksDEVELOPING: Coronavirus panic sends world share markets crashing, compounding their worst week since the 2008 global financial crisis. Close the border! Sorry guys, it’s not gonna work! trump4eva TrumpLandslideVictory2020 KAG Thoughts and prayers from the trump admin.
Source: NBCNews - 🏆 10. / 86 Read more »

Corona releases 'poorly timed' ad during coronavirus outbreak - Business InsiderAs the coronavirus goes global, Corona Hard Seltzer releases new ad about the beverage 'coming ashore soon' pensando assim vemos a seriedade da empresa! Somewhere, it’s some poor soul’s job to answer the “we’re just reaching out for comment, are you trying to profit from the recent popularity of the coronavirus?” phone calls.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus crash wipes $5 trillion off world stocksDEVELOPING: Coronavirus panic sends world share markets crashing, compounding their worst week since the 2008 global financial crisis. Close the border! Sorry guys, it’s not gonna work! trump4eva TrumpLandslideVictory2020 KAG Thoughts and prayers from the trump admin.
Source: NBCNews - 🏆 10. / 86 Read more »