European stocks set to fall sharply as China virus fears intensify

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

European stocks are set to tumble at Monday's open as fears over the economic fallout from the Chinese coronavirus outbreak intensify.

surged as investors sought shelter from the potential economic impact, with the specter of the SARS crisis of 2003 hanging over markets.

Most Asian markets remain closed on Monday for the Lunar New Year, but Japan's Nikkei 225 was down by around 1.83%. Back in Europe, Italy's right-wing Lega party has failed in its bid to oust the center-left Democratic Party from its northern stronghold of Emilia-Romagna, falling short in a closely-watched regional election on Sunday.

In corporate news, Reuters reported on Monday, citing sources, that the Swiss Financial Market Supervisory Authority is looking into the role of the Credit Suisse board in the lender's recent spying scandal.

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:

 /  🏆 12. in UK
 

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

Travel bans compensation from China. Enforced intl health and sanitation standrmarss needed in petri dish countries of Asia and Africa. Trade and financial sanctions withholding AID

OSS which woukd later become CIA knew about camps in 43 but wanted nothing to do with helping Jews or allowing them to migrate to the US. This is what zionists held over US to force our support of Israel. Nazis came here to build NASA and CIA

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines