Shares in the leading financial markets fell in Asia, Thursday, after US President Donald Trump announced the country was stepping up its efforts to combat the coronavirus outbreak that began in Wuhan, China. Japan’s Nikkei 225 index lost 2.1 percent at 21,951.78, while in Australia, the S&P ASX/200 dropped by 0.8 percent at 6,653.50. In South Korea, where 334 new cases of the virus were reported, the Kospi dropped by 0.9 percent at 2,058.10. Shares also fell in Jakarta, Malaysia, Singapore and Taiwan. But health officials standing beside Trump warned more infections are coming.

Source: The Standard February 27, 2020 05:26 UTC