Asian shares ease off three-week highs as virus fears return
Monday, 17 February 2020 Asian shares stepped back from three-week highs on Monday as investors weighed the near-term hit on global growth from a fast-spreading coronavirus outbreak in China, although expectations of further policy stimulus helped stem losses.
Asian shares reversed losses on Monday and moved back toward a three-week top as China's persistent efforts to cushion the blow from a coronavirus outbreak calmed nervous investors, although Japanese stocks faltered on growing recession risks. Ciara Lee reports
Asian stocks ended mixed on Thursday as the coronavirus continued its punishing march, infecting over 937,000 people and killing more than 47,000 worldwide. RTTNews Also reported by •Reuters •Belfast Telegraph •WorldNews