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Asia: Markets battered as fears of Covid-19 induced recession gathers pace; STI down 2.5%
In one fell swoop, Asian equity markets are awash with deeper hues of red on Friday after Wall Street was dealt its biggest pummelling this week.
PHOTO: AFP
ASIAN equity markets sank deeper into the red on Friday after Wall Street was dealt its biggest pummelling this week.
Investors are bracing for a global economic slowdown and see rising risk of a US recession due to the Covid-19 outbreak, which the World Health Organization has said is at...
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