Covid-19: Stock markets plummet in worst week since 2008 financial crash

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

Covid-19: Stock markets plummet in worst week since 2008 financial crash.

Image: AAP/PA Images Image: AAP/PA Images STOCK MARKETS AROUND the world have fallen dramatically in the worst week since 2008′s financial crash amid investor fears over the coronavirus.

Asian stock markets plunged further today owing to virus fears, deepening a global rout after Wall Street endured its biggest one-day drop in nine years. The Dow Jones, the US stock market index , dropped by 4.4%. Tokyo’s benchmark plummeted today by an unusually wide margin of 3.7%, and Seoul and Sydney dropped by more than 3%. Hong Kong and Shanghai fell over 2.5%.

Virus fears “have become full-blown across the globe as cases outside China climb”, Chang Wei Liang and Eugene Leow, of Singapore bank DBS, said in a report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Those in close contact with Covid-19 patient 'notified'The Department of Health has said everyone who has been in close contact with a woman diagnosed with coronavirus has been traced and notified. Can’t trust these 🤡 HSE saying 'trust us' on this. lol.
Source: rtenews - 🏆 1. / 99 Read more »

Covid-19 podcast: Your questions answeredAs the first case of coronavirus on the island of Ireland has been confirmed, RTÉ's Morning Ireland asked a panel of experts to answer your questions on Covid-19. morningireland Stay at home, wash your hands, hope for the best! morningireland Try not to panic! Stress lowers your immune system.
Source: rtenews - 🏆 1. / 99 Read more »

Japan schools to close in bid to stem Covid-19Angry Japanese parents joined bewildered teachers and businesses in a rush to find new ways to live and work for a month after Prime Minister Shinzo Abe's shock call for all schools to close in a bid to stop coronavirus spreading.
Source: rtenews - 🏆 1. / 99 Read more »

Confusion over pay entitlements among both employers and employees if staff present with Covid-19While there has been no confirmed cases in the Republic of Ireland, there have been more than 90 suspected cases, with many worried that the arrival of the virus in Ireland is imminent. FEAR!!!! My prediction is that it will be in the ROI by Sunday at the latest😕
Source: thejournal_ie - 🏆 32. / 50 Read more »