Coronavirus live updates: Asia stocks set to tumble again, Royal Caribbean cancels 30 cruises

  • 📰 CNBC
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Markets in Japan were set to tumble at the open again as Wall Street saw another plunge overnight on virus fears.

Cruise operator Royal Caribbean says it has cancelled 30 cruises in Southeast Asia due to the outbreak, Reuters reported. It has also modified several itineraries in the region.

The coronavirus outbreak that's shuttered commerce across China will likely become a global pandemic, a top U.S. health official said, adding that it's just a matter of time before the outbreak starts spreading in the U.S.8:00 am: Royal Caribbean cancels 30 cruises Cruise operator Royal Caribbean says it has cancelled 30 cruises in Southeast Asia due to the outbreak, Reuters reported. It has also modified several itineraries in the region and estimated the cancellations would lead to an impact of 90 cents per share in 2020, according to the report. The Nikkei 225 had closed down more than 3% on Tuesday.

dropped 879.44 points, or 3.1%, to 27,081.36 after being up more than 180 points at one point shortly after the open. Thefell 2.8% to 8,965.61. Monday's session was the market's worst in two years. The S&P 500 posted back-to-back declines of at least 3% for the first time since November 2008 during the financial crisis, according to Bespoke Investment Group.Human trials testing a potential vaccine for the COVID-19 coronavirus are, U.S. health officials announced Tuesday.

 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Coronavirus: 12 Italy towns on lockdown, most infections outside Asia - Business InsiderCases of COVID-19 has soared in Italy, making it the most infected country outside Asia. The country has quarantined at least a dozen towns. Bri_AguileraP We are sadly famous, Bri..
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks Slide as Virus Cases Accelerate Outside of AsiaGlobal stocks fell as investors grappled with the potential economic fallout from mounting coronavirus infections in South Korea and other countries outside China. Those Wall Street Types should take a chill pill. They have no idea what our friends overseas are facing. I thought that the Chinese government were smarter than telling their lead doctor to keep quiet on this virus as it was getting started and he needed a mass of people to help What`s the tipping point where it all falls down? And stocks will continue to fall until governments unite and try to conquer this virus
Source: WSJ - 🏆 98. / 63 Read more »