Asia stocks fall as IMF warns of coronavirus growth standstill

Stocks across Asia-Pacific fell after the IMF warned that growth in the region would grind to a standstill for the first time in six decades due to coronavirus, in the latest ominous sign of the havoc being wrought on the global economy by the pandemic. The gloom in Asia’s markets on Thursday came after a dismal day on Wall Street, where traders were confronted by plunging US retail sales and industrial output. Futures markets tipped the Wall Street index to fall a further 0.6 per cent when trading begins later in the day.

https://finance.yahoo.com/m/504eddda...html?.tsrc=rss