Stock markets slip on fears of second virus wave

Pedestrians walk past an electronic quotation board displaying share prices of the Tokyo Stock Exchange in Tokyo on Monday (June 15). Tokyo's benchmark Nikkei index dropped more than 3.4 per cent on June 15 and also in many other countries over fears of rising virus infections in the US and a new outbreak in China. - AFP

HONG KONG (AFP): Equities tumbled on Monday (June 15) extending last week's losses on fears of a second wave of virus infections around the world that could put the brakes on the easing of lockdowns and a budding economic recovery.

While European nations press ahead with their reopening after months of strict shutdowns, there are signs that the deadly disease is coming back in China and seeing a resurgence in the United States too.