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TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is preparing steps to cushion the blow of nationwide school closures as infections of the coronavirus spread wider across the Asian country.
WASHINGTON (Reuters) - The United States has decided to postpone a meeting with leaders of Southeast Asian countries it had planned to host on March 14 due to worries about the coronavirus outbreak, two U.S. officials familiar with the matter said on Friday.
HONG KONG: Asian and European equities spiralled downwards Friday (Feb 28), extending a collapse in world markets that has wiped trillions of dollars off valuations as the coronavirus spread rapidly around the world with the WHO warning the Covid-19 (coronavirus) outbreak was now at a "decisive point". Tokyo, Shanghai, Sydney, Singapore and Seoul were among the bourses that fell more than 3% while Jakarta was hammered more than 4%.
KUALA LUMPUR: Bursa Malaysia saw its trading volume surge to over five billion shares on Friday, the last trading day of February, as the FBM KLCI tumbled to the lowest since December 2011, battered by the Covid-19 and ongoing political turmoil.
KUALA LUMPUR: Bursa Malaysia was a sea of red on Friday on the back of Wall Street's third straight day of rapid decline that sent its indices into correction territory.
TOKYO (Reuters) - Angry Japanese parents joined bewildered teachers and businesses on Friday in a rush to find new ways to live and work for a month after Prime Minister Shinzo Abe's shock call for all schools to close in a bid to stop coronavirus spreading.
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe vowed to take whatever policy steps are needed to prevent the new coronavirus from dealing a severe blow to an economy already teetering on the brink of recession.
KUALA LUMPUR: Bursa Malaysia fell in early trade on Friday as investor sentiment was rattled by the worsening Covid-19 outbreak which had battered Wall Street and key Asian markets.
NEW YORK: The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.
HONG KONG (AP): Shares fell in Asia on Thursday (Feb 27) after President Donald Trump announced the US was stepping up its efforts to combat the virus outbreak that began in China, as the number of cases surpassed 81,000.