Asian markets extend their slide on US Covid-19 death toll warning
Investors flock to dollars and bonds after Trump’s dire forecast and the expectation of more bad news from US jobless figures being released today
02 April 2020 - 08:33
Singapore — Asian equities fell for a second session on Thursday, after a dire warning about the US coronavirus death toll had investors looking to the safety of dollars and bonds and bracing for more bad news from US jobless figures.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.2%. Japan’s Nikkei extended Wednesday’s heavy drop with a 1.5% fall, and investors are beginning to worry that equities may re-test last month’s lows...
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