Serious coronavirus outbreak inevitable, US warns

Asian shares fell on Wednesday as the U.S. warning to Americans to prepare for a likely coronavirus pandemic jolted Wall Street again and pushed yields on safe-haven Treasuries to record lows.

SHANGHAI/SEOUL: Asia reported hundreds of new coronavirus cases on Wednesday, including the first U.S. soldier to be infected, as the United States warned of an inevitable pandemic, and outbreaks in Italy and Iran spread to more countries.

Asian shares fell on Wednesday as the U.S. warning to Americans to prepare for a likely coronavirus pandemic jolted Wall Street again and pushed yields on safe-haven Treasuries to record lows.