S&P projects coronavirus crisis to stabilise in April


Officers in protective gear escort a person (under the blue sheet) who was on board cruise ship Diamond Princess and was tested positive for coronavirus, after the person is transferred to a maritime police base in Yokohama, south of Tokyo in this photo taken by Kyodo February 4, 2020. Mandatory credit Kyodo/via REUTERS

KUALA LUMPUR: S&P Global Ratings' base-case projection is that the coronavirus crisis will stabilise globally in April 2020, with virtually no new transmissions in May.

On its research report issued on Wednesday its worst-case projection was that the virus stops spreading in late May, and optimistically in March.

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