Workers wearing face masks remove barriers on a street in Wuhan, the epicentre of the novel coronavirus disease (COVID-19) outbreak, as the city has started to loosen its lockdown, in Hubei province, China March 21,2020. Picture taken March 21,2020. China Daily via REUTERS
KUALA LUMPUR: S&P Global Ratings updated its estimates of the total and permanent income loss for Asia-Pacific from Covid-19 at about US$620bil.
It said on Monday this loss would be distributed across sovereign, bank, corporate, and household balance sheets.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
