Asian shares have paused at one-month highs as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for business. MSCI’s broadest index of Asia-Pacific shares outside Japan was a slight 0.1 per cent firmer in early trade. […]
Asia
Asia shares slide as virus damage deepens
Asian shares have slid and oil prices have taken another tumble as fears mount the global shutdown for the coronavirus could last for months, doing untold harm to economies. “We continue to mark down 1H20 global GDP forecasts as our assessment of both the global pandemic’s reach and the damage […]