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Australia: Shares slump 7.4% on Thursday, worst drop since 2008

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Australian stocks plunged 7.4 per cent on Thursday, the worst one-day drop since the financial crisis in 2008, hammered by fears over the economic impact of the novel coronavirus pandemic.

[SYDNEY] Australian stocks plunged 7.4 per cent on Thursday, the worst one-day drop since the financial crisis in 2008, hammered by fears over the economic impact of the novel coronavirus pandemic.

The ASX 200 tumbled 421.3 points to end at 5,304.6 after US President Donald Trump...

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