The earth in Fukushima still trembled when Yoshihiro Miyamori drove in the dark towards his sake brewery. When he got back after midnight, he found smashed sake bottles and a crack in the wall of the building. It was March 11, 2011.
South Korea reported more recoveries from the coronavirus than new infections on Friday for the first time since its outbreak emerged in January, as a downward trend in daily cases raised hopes that Asia’s biggest epidemic outside China may be slowing.
Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class – before finding some kind of floor as hopes turned to a U.S. stimulus package.
The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have… …read more […]
Major sports events around the world which have been hit by the coronavirus outbreak:
Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis.
Nepal has closed all of its Himalayan peaks including Mount Everest this climbing season because of fears of the coronavirus outbreak, a government minister said on Friday.
The alarm over the coronavirus intensified and governments from Ireland to Italy unveiled measures to try to slow the spread of a disease that has infected more than 134,500 people worldwide.
Canadian Prime Minister Justin Trudeau will be in isolation for two weeks after his wife, Sophie, tested positive for coronavirus on Thursday, and the outbreak prompted the province of Ontario to shutter schools to limit the spread.
China’s Wuhan city, ground zero of the new coronavirus outbreak, reported five new cases on Friday, the second day in a row the tally has been less than 10, while no locally transmitted infections were reported in the rest of the country.
(Bloomberg) — On the last day of a historic week for global markets, there’s little sign of an end to the volatility that roiled bonds and currencies and sent stocks to their steepest plunge since the depths of the global financial crisis.Mounting concerns that the coronavirus pandemic will spark a worldwide recession fueled a fresh round of selling in Asia on Friday. The slide triggered trading halts in Thailand, South Korea and Indonesia, while Japanese equities sank as much as 10%. Some policy makers rushed to limit wild fluctuations in currencies and sovereign debt.Here’s what strategists and investors are saying …read more […]
(Bloomberg) — Stocks tumbled in Asia following the worst Wall Street session since 1987, with investors spooked that emergency fiscal and monetary packages won’t be enough to stave off a recession. Treasuries edged up with the dollar.Japanese equities plunged 10% at one point and Korean stocks sank more than 8%. The slide triggered trading halts in Thailand, Indonesia, India and South Korea. Global equities are heading for their worst week since 2008 as investors price in a severely weaker outlook due to the impact of the coronavirus pandemic. Futures on the S&P 500 dropped more than 2% after the index …read more […]
Oil fell a third day as the horror show for crude investors continued on Friday amid panic about evaporating demand from the coronavirus pandemic, with Brent set for its biggest weekly loss since 1991 and U.S. crude heading for its worst week since 2008.
Global markets suffered record falls on Thursday as alarm over the coronavirus intensified and governments from Ireland to Italy unveiled measures to try to slow the spread of a disease that has infected more than 127,000 people worldwide.
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