HONG KONG (AFP): Asian equities sank Thursday (May 14) following another sell-off in New York after the head of the Federal Reserve warned of 'lasting damage' to the economy from shutdowns caused by the coronavirus, compounding worries about a second wave of infections.
US accusations that Chinese hackers were trying to steal potentially lucrative Covid-19 vaccine research added to the downbeat mood across trading floors as a weeks-long market rally shows signs of coming to an end.
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